Komori
M&A and Subsidiary Changes4347Broadmedia CorporationInformation and Communications, Services and Others

Notice Concerning a Change in an Equity-Method Affiliate (Share Transfer)

The Company transferred all 5,300 shares it held in ガラポン株式会社, an equity-method affiliate, in connection with the affiliate’s repurchase of its own shares, and the affiliate ceased to be an equity-method affiliate. The Company expects to record an approximately ¥95 million gain on the sale of shares in an affiliated company in its non-consolidated financial statements. The impact on consolidated results is expected to be immaterial.

Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
95
Millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

Share transfer
Counterparty (target company)ガラポン株式会社
Disclosing companyBroadmedia Corporation
Voting rights ownership percentageNumber of shares acquired 5,300 Class A preferred shares (number of voting rights: not disclosed)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

Execution Date / Effective Date31 March 2026 (completed today)
Target company

Planning, design and sale of information and communications equipment (Garapon TV television recording and viewing system)

Location Chiyoda-ku, TokyoShare capital ¥24.677 millionDate of incorporation 25 March 2010
Consideration and expenses
Amount of extraordinary income (loss)Approximately ¥95 million gain on the sale of shares in an affiliated company, expected to be recorded as extraordinary income in the non-consolidated financial statements for the fiscal year ending March 2026
Impact on Business Performance

The impact on consolidated results will be immaterial.

This transaction
ItemDetails
Transaction nameShare transfer
Counterparty nameガラポン株式会社
Name of the Subject Companyガラポン株式会社
Business Description of the Subject CompanyPlanning, design and sale of information and communications equipment (Garapon TV television recording and viewing system)
Location of the Subject CompanyChiyoda-ku, Tokyo
Capital Stock of the Subject Company¥24.677 million
Date of Establishment of the Subject Company25 March 2010
Number of shares acquired5,300 Class A preferred shares (number of voting rights: not disclosed)
Voting rights ownership percentageBefore 35.4% → after 0.0%
Amount of extraordinary income (loss)Approximately ¥95 million gain on the sale of shares in an affiliated company, expected to be recorded as extraordinary income in the non-consolidated financial statements for the fiscal year ending March 2026
Impact on Business PerformanceThe impact on consolidated results will be immaterial.
Execution Date / Effective Date31 March 2026 (completed today)
Items this document does not state (20)
Net 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

Following a comprehensive review of the Group’s business portfolio and the optimal allocation of management resources, among other factors.

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.
Notice Concerning a Change in an Equity-Method Affiliate (Share Transfer) | Broadmedia Corporation (4347) timely disclosure | Komori