This transaction
Name of transactionThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Planning and production of music and entertainment businesses, including master recordings and music production, artist production, live performances and events, and AI-generated music
As Pavilions株式会社 is a consolidated subsidiary, the impact on consolidated financial results will be limited.
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Komuro Tetsuya (小室哲哉) |
| Name of the Subject Company | Pavilions株式会社 |
| Business Description of the Subject Company | Planning and production of music and entertainment businesses, including master recordings and music production, artist production, live performances and events, and AI-generated music |
| Location of the Subject Company | Minato-ku, Tokyo |
| Acquisition price | Cash consideration: Not disclosed (2,000,000 of the Company's common shares will be issued as consideration) |
| Type of Consideration | Shares (2,000,000 of the Company's common shares) |
| Number of shares acquired | All of the 15% of Pavilions株式会社 shares (the number of shares and voting rights: Not disclosed) |
| Voting rights ownership percentage | Before 85％ → after 100％ |
| Funding arrangements | Share exchange with no cash outflow (funding method: Not disclosed) |
| Impact on Business Performance | As Pavilions株式会社 is a consolidated subsidiary, the impact on consolidated financial results will be limited. |
| Execution Date / Effective Date | Scheduled for 18 September 2026 |
| Management structure after acquisition | Komuro Tetsuya (小室哲哉) is the representative director of Pavilions株式会社 and will become a shareholder of the Company following the share exchange. Any change in corporate name and employee treatment: Not disclosed |
Items this document does not state (19)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company aims to unify decision-making and capital policy by making Pavilions株式会社 a wholly owned subsidiary, and to develop Pavilions株式会社's master recordings, music and artist IP by combining them with the businesses of the Group's companies and expanding them into works, live entertainment, video and AI-generated music. The Company also states that Komuro Tetsuya (小室哲哉) will be committed to enhancing corporate value over the medium to long term from both the perspectives of a management executive and a shareholder.