This transaction
Conversion into a wholly owned subsidiary through the additional acquisition of sharesThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Systems planning, development and operation using cloud computing, primarily Google Cloud
As G-gen is already a consolidated subsidiary of the Company, the impact of this transaction on the Company's consolidated results for the fiscal year ending February 2027 is expected to be minor.
| Item | Details |
|---|---|
| Transaction name | Conversion into a wholly owned subsidiary through the additional acquisition of shares |
| Counterparty name | Newberry Global Japan LLC |
| Name of the Subject Company | G-gen Co., Ltd. |
| Business Description of the Subject Company | Systems planning, development and operation using cloud computing, primarily Google Cloud |
| Location of the Subject Company | Shinjuku-ku, Tokyo |
| Capital Stock of the Subject Company | ¥50,000,000 |
| Date of Establishment of the Subject Company | 13 July 2006 |
| Acquisition price | The acquisition price will not be disclosed due to confidentiality obligations with the counterparty to the share acquisition. |
| Number of shares acquired | 65,910 shares (number of voting rights: 65,910) |
| Voting rights ownership percentage | Before 66.6% → after 100.0% |
| Impact on Business Performance | As G-gen is already a consolidated subsidiary of the Company, the impact of this transaction on the Company's consolidated results for the fiscal year ending February 2027 is expected to be minor. |
| Date of board resolution | 23 October 2026 |
| Contract Date | 29 October 2026 (予定) |
| Execution Date / Effective Date | 30 October 2026 (scheduled) |
| Valuation methodology | Valuation of the share value by an independent third-party valuation institution |
| Management structure after acquisition | In addition to accelerating decision-making, the Company will promote the integrated execution of the Group's business strategy, strengthen coordination across the sales organization, and facilitate the mutual utilization of technical personnel, while seeking to further enhance the corporate value of the Group through the optimal allocation of management resources. |
Items this document does not state (16)
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.By making G-gen a wholly owned subsidiary, the Company aims to accelerate decision-making and promote the Group's business strategy in an integrated manner, while also strengthening coordination across the sales organization, facilitating the mutual utilization of technical personnel, and optimizing the allocation of management resources to enhance corporate value.