Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
66.83
% (ownership ratio of shares, etc. based on the minimum number of shares planned for purchase)Wording
Conditional
How definitive the wording is.This transaction
This tender offerCounterpartyOno Yuko (小野優子), Ono Satoru (小野悟), Tano Satomi (田野聡美), 株式会社いちとせ, Higuchi Megumi (樋口めぐ美), 株式会社エルワイアール, Higuchi Sosuke (樋口荘祐)
Disclosing companyGlobal Information,Inc.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash
Tender offer priceCommon shares: ¥1,680 per share; stock acquisition rights: ¥144,200 per right
Minimum number of shares to be purchased1,983,600 shares
Tender offer period21 May 2026 (Thursday) to 1 July 2026 (Wednesday) (30 business days)
Funding arrangementsBorrowing from MUFG Bank, Ltd. (the bank financing)
Procedures and assumptions
Conditions Precedent to ExecutionSubject to completion of this Tender Offer and other conditions, the tender offeror plans to obtain the Bank Financing by the business day preceding the settlement commencement date. If it cannot acquire all shares, etc. following completion of the tender offer, it plans to carry out the squeeze-out procedures, including a share consolidation.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Ono Yuko (小野優子), Ono Satoru (小野悟), Tano Satomi (田野聡美), 株式会社いちとせ, Higuchi Megumi (樋口めぐ美), 株式会社エルワイアール, Higuchi Sosuke (樋口荘祐) |
| Name of the Subject Company | Global Information,Inc. |
| Type of Consideration | Cash |
| Tender offer price | Common shares: ¥1,680 per share; stock acquisition rights: ¥144,200 per right |
| Minimum number of shares to be purchased | 1,983,600 shares |
| Tender offer period | 21 May 2026 (Thursday) to 1 July 2026 (Wednesday) (30 business days) |
| Number of shares acquired | The tender offeror ultimately plans to acquire all shares of the target company, excluding treasury shares held by the target company, and all of these stock acquisition rights. The minimum number of shares planned for purchase is 1,983,600, and the number of voting rights used to calculate the minimum is 19,836. |
| Voting rights ownership percentage | Before None held (no percentage stated) → after 66.83% (based on the minimum number of shares planned for purchase); ultimate target: 100% (making the company a wholly owned subsidiary) |
| Funding arrangements | Borrowing from MUFG Bank, Ltd. (the bank financing) |
| Date of board resolution | 20 May 2026 |
| Contract Date | 20 May 2026 |
| Execution Date / Effective Date | Settlement commencement date: 8 July 2026 (Wednesday). The effective date of making the company a wholly owned subsidiary through a share consolidation and other procedures is Not disclosed. |
| Conditions Precedent to Execution | Subject to completion of this Tender Offer and other conditions, the tender offeror plans to obtain the Bank Financing by the business day preceding the settlement commencement date. If it cannot acquire all shares, etc. following completion of the tender offer, it plans to carry out the squeeze-out procedures, including a share consolidation. |
Items this document does not state (18)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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.To make the target company a wholly owned subsidiary of the tender offeror.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.