Worth reading
80Important
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
917546400
¥Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares by third-party allotment
Who receives how much1,071,900Shares
1,071,900 common shares
クランチロール株式会社1,071,900 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥856 per share
Total issue value
¥917,546,400
Amount of funds to be raised
Total amount payable: ¥917,546,400; estimated net proceeds: ¥912,546,400
Estimated issuance expenses
Estimated issuance expenses: ¥5,000,000
Specific use of funds
Expansion of the overseas manga distribution platform businessAmount ¥365 million / Scheduled timing of expenditures October 2026 to July 2030
Strengthening the resources and capabilities supporting overseas digital manga distributionAmount ¥290 million / Scheduled timing of expenditures October 2026 to July 2030
Overseas expansion of IP-related content and servicesAmount ¥257 million / Scheduled timing of expenditures October 2026 to July 2030
Existing Shares and Increase
+7.56%Rate of increase
14,176,500 shares15,248,400Shares
7.56% (7.57% of total voting rights)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Offering structure
Major shareholders after the offering
Name Matsubara Hiroki (松原裕樹) / Shareholding ratio 29.11％Name Yamada Tsuyoshi (山田剛史) / Shareholding ratio 19.24％Name 株式会社アポロ・キャピタル / Shareholding ratio 8.01％Name 株式会社メディアシーク / Shareholding ratio 7.30％Name クランチロール株式会社 / Shareholding ratio 7.03％Name The Bank of New York 134088 (standing proxy: 株式会社みずほ銀行決済営業部) / Shareholding ratio 2.15％Name Maeda Yuki (前田有幾) / Shareholding ratio 1.18％Name CERES INC. / Shareholding ratio 0.83％Name The Master Trust Bank of Japan, Ltd. (Trust Account) / Shareholding ratio 0.81％Name 有限会社平山商会 / Shareholding ratio 0.66％
Intended allottee's holding policy
The Company plans to obtain a written undertaking agreeing, among other matters, that if all or part of the shares issued in this third-party allotment are transferred within 2 years from the payment date, the transferee will submit a written report to the Company detailing the transfer.
Payment date
30 September 2026 to 30 November 2026 (予定)
Basis for determining the amount to be paid
¥856, calculated by multiplying the closing price of the Company's common shares on the Tokyo Stock Exchange on 11 September 2026, ¥920, by 0.93 and rounding up to the nearest yen. The discount rate is within 10%.
Procedures under the Corporate Code of Conduct
Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholder intent. The Audit and Supervisory Committee has provided an opinion that the basis and method for determining the payment amount are reasonable.
Most recent equity financing
No applicable matters
Impact on Business Performance
The impact on consolidated results for the fiscal year ending July 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure that arise in the future.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares by third-party allotment |
| Number of shares to be issued or disposed of | 1,071,900 common shares |
| Issue price and disposal price | ¥856 per share |
| Total issue value | ¥917,546,400 |
| Amount of funds to be raised | Total amount payable: ¥917,546,400; estimated net proceeds: ¥912,546,400 |
| Estimated issuance expenses | Estimated issuance expenses: ¥5,000,000 |
| Specific use of funds | Details Expansion of the overseas manga distribution platform business / Amount ¥365 million / Scheduled timing of expenditures October 2026 to July 2030, Details Strengthening the resources and capabilities supporting overseas digital manga distribution / Amount ¥290 million / Scheduled timing of expenditures October 2026 to July 2030, Details Overseas expansion of IP-related content and services / Amount ¥257 million / Scheduled timing of expenditures October 2026 to July 2030 |
| Payment date | 30 September 2026 to 30 November 2026 (予定) |
| Intended allottee | Name クランチロール株式会社 / Number of Shares 1,071,900 shares |
| Intended allottee's holding policy | The Company plans to obtain a written undertaking agreeing, among other matters, that if all or part of the shares issued in this third-party allotment are transferred within 2 years from the payment date, the transferee will submit a written report to the Company detailing the transfer. |
| Dilution Rate | 7.56% (7.57% of total voting rights) |
| Total number of issued shares | 14,176,500 shares → 15,248,400 shares（7.56％） |
| Basis for determining the amount to be paid | ¥856, calculated by multiplying the closing price of the Company's common shares on the Tokyo Stock Exchange on 11 September 2026, ¥920, by 0.93 and rounding up to the nearest yen. The discount rate is within 10%. |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholder intent. The Audit and Supervisory Committee has provided an opinion that the basis and method for determining the payment amount are reasonable. |
| Most recent equity financing | No applicable matters |
| Major shareholders after the offering | Name Matsubara Hiroki (松原裕樹) / Shareholding ratio 29.11％, Name Yamada Tsuyoshi (山田剛史) / Shareholding ratio 19.24％, Name 株式会社アポロ・キャピタル / Shareholding ratio 8.01％, Name 株式会社メディアシーク / Shareholding ratio 7.30％, Name クランチロール株式会社 / Shareholding ratio 7.03％, Name The Bank of New York 134088 (standing proxy: 株式会社みずほ銀行決済営業部) / Shareholding ratio 2.15％, Name Maeda Yuki (前田有幾) / Shareholding ratio 1.18％, Name CERES INC. / Shareholding ratio 0.83％, Name The Master Trust Bank of Japan, Ltd. (Trust Account) / Shareholding ratio 0.81％, Name 有限会社平山商会 / Shareholding ratio 0.66％ |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending July 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure that arise in the future. |
Items this document does not state (11)
Exercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split Ratio
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 promote overseas expansion in the manga and anime fields and maximize the value of intellectual property through the advancement of joint businesses with クランチロール株式会社 and the establishment of a capital relationship, thereby increasing corporate value over the medium to long term.
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.