Decision and Details
Tokyo Stock ExchangeApproval of the listing of investee company Skyfall, the offering for sale of part of the Company's shareholding, and the continuation of the capital and business alliance
The listing will establish an objective market price for the shareholding and ensure market liquidity. The purposes are to facilitate the monetization of the Company's assets, improve capital efficiency, and expand its options in terms of financial and capital strategy. The companies also aim to create collaboration synergies and enhance their respective corporate values
The impact on consolidated results, including gains on the sale of part of the shareholding and the valuation of shares retained, is under review and has not been determined at this time
| Item | Details |
|---|---|
| Matter Covered | Approval of the listing of investee company Skyfall, the offering for sale of part of the Company's shareholding, and the continuation of the capital and business alliance |
| Decision-Making Body | Tokyo Stock Exchange |
| Decision Date | 17 August 2026 |
| Implementation Date | 17 September 2026 (scheduled listing). The offering for sale of part of the shareholding is scheduled to take place |
| Amount | Skyfall's stated capital: ¥79.393 million. Sale proceeds and offer price: not determined at this time |
| Quantity / scale | Part of the Company's shareholding (number of shares: Not disclosed) |
| Impact on Business Performance | The impact on consolidated results, including gains on the sale of part of the shareholding and the valuation of shares retained, is under review and has not been determined at this time |
| Reason | The listing will establish an objective market price for the shareholding and ensure market liquidity. The purposes are to facilitate the monetization of the Company's assets, improve capital efficiency, and expand its options in terms of financial and capital strategy. The companies also aim to create collaboration synergies and enhance their respective corporate values |
| Related previous disclosures | Conclusion of a capital and business alliance with Skyfall in September 2023 (title: Not disclosed) |
| Future plans | Skyfall is scheduled to list on the Tokyo Stock Exchange Growth Market on 17 September 2026. If any matter requiring disclosure arises or any event occurs that has a material impact on results, it will be disclosed promptly |
Items this document does not state (2)
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.Skyfall's listing is expected to provide the Company's shareholding with a market price and liquidity, facilitate the monetization of the Company's assets and improve capital efficiency, and expand its options in terms of financial and capital strategy. The companies will also continue to collaborate by linking their customer bases and services, including to improve user engagement and maximize advertising revenue.