Worth reading
74In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
2500
¥ per shareWording
Conditional
How definitive the wording is.This transaction
This tender offerCounterpartyAsset Value Investors Limited, AVI Japan Opportunity Trust Plc, AVI Japanese Special Situations Fund, One other investment corporation
Disclosing companyBroadmedia Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Minato-ku, Tokyo
Consideration and expenses
Acquisition price¥2,500 per share of common stock
Type of ConsiderationCash
Tender offer price¥2,500 per share of common stock
Minimum number of shares to be purchased4,718,100 shares
Tender offer periodFrom 30 October 2026 to 14 December 2026 (30 business days)
Procedures and assumptions
Conditions Precedent to ExecutionMinimum number of shares to be purchased: 4,718,100 shares
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Asset Value Investors Limited, AVI Japan Opportunity Trust Plc, AVI Japanese Special Situations Fund, One other investment corporation |
| Name of the Subject Company | Broadmedia Corporation |
| Location of the Subject Company | Minato-ku, Tokyo |
| Acquisition price | ¥2,500 per share of common stock |
| Type of Consideration | Cash |
| Tender offer price | ¥2,500 per share of common stock |
| Minimum number of shares to be purchased | 4,718,100 shares |
| Tender offer period | From 30 October 2026 to 14 December 2026 (30 business days) |
| Number of shares acquired | Planned number of shares to be purchased: 7,127,029 shares; number of voting rights: Not disclosed |
| Contract Date | 29 October 2026 |
| Execution Date / Effective Date | 21 December 2026 (scheduled settlement start date) |
| Conditions Precedent to Execution | Minimum number of shares to be purchased: 4,718,100 shares |
Items this document does not state (19)
Business Description 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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionValuation 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.The tender offer will be conducted as part of a series of transactions to acquire the shares of Broadmedia Corporation and take the target company private.
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.