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M&A and Subsidiary Changes4689LY CorporationInformation and Communications, Services and Others

(Progress Disclosure) Notice Regarding the Status of Obtaining Approvals and Other Permits from the Relevant Thai Authorities in Connection with the Acquisition of Shares in Consolidated Subsidiary LINE MAN CORPORATION PTE. LTD., and the Outlook

The Company has been notified by the relevant Thai authorities that no approvals, licenses or other permits are required for the additional acquisition of LMWN shares. The Company is coordinating with the relevant parties and plans to complete the additional acquisition by August 2026.

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This transaction

This additional acquisition
Disclosing companyLY Corporation
LINE MAN CORPORATION PTE. LTD.Voting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Execution Date / Effective DateDuring August 2026 (予定)
Impact on Business Performance

The impact of this additional acquisition on the Company's consolidated results for the current fiscal year is expected to be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionNo approvals, licenses or other permits are required from the relevant Thai authorities. No other approvals, licenses or permits are required.
This transaction
ItemDetails
Transaction nameThis additional acquisition
Name of the Subject CompanyLINE MAN CORPORATION PTE. LTD.
Voting rights ownership percentageAfter 60.9% (before not disclosed)
Impact on Business PerformanceThe impact of this additional acquisition on the Company's consolidated results for the current fiscal year is expected to be immaterial.
Execution Date / Effective DateDuring August 2026 (予定)
Conditions Precedent to ExecutionNo approvals, licenses or other permits are required from the relevant Thai authorities. No other approvals, licenses or permits are required.
Items this document does not state (26)
Counterparty nameBusiness Description of the Subject CompanyLocation 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 CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation 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 Company intends to proceed with the additional acquisition based on the results of the review by the relevant Thai authorities and coordination with the relevant parties.

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.
(Progress Disclosure) Notice Regarding the Status of Obtaining Approvals and Other Permits from the Relevant Thai Authorities in Connection with the Acquisition of Shares in Consolidated Subsidiary LINE MAN CORPORATION PTE. LTD., and the Outlook | LY Corporation (4689) timely disclosure | Komori