Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
3640
Tender offer price, etc., per Kakaku.com,Inc. share (¥3,520 if the conditions are not met)Wording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
LINEヤフー Board of DirectorsThe expected commencement of a tender offer for Kakaku.com,Inc. by BCPE Blitz Cayman, L.P. and LINEヤフー's planned indirect joint investment in BCPE Blitz Cayman, L.P.
Decision29 July 2026 (resolution to launch the tender offer and make the planned investment)
ImplementationThe tender offer is expected to commence in mid-September 2026. LINEヤフー's investment is expected to be made after the tender offer commences and before settlement following completion of the tender offer.
Going forwardThe tender offer is expected to commence in mid-September 2026. Following completion of the tender offer, LINEヤフー plans to make an indirect investment by the time of settlement. If the conditions precedent are not satisfied, the tender offer will not be conducted and consideration of the transaction will be discontinued.
AmountTender offer price: ¥3,520 per share. If a non-tender agreement can be executed, ¥3,640 per share. LINEヤフー's investment amount: Not disclosed
Quantity / scaleThe tender offer covers Kakaku.com,Inc. shares and share acquisition rights. The tender offer is expected to acquire all of the company's shares. LINEヤフー plans to invest in BCPE Blitz Intermediate Holdings Cayman, L.P., which holds all of the equity interests in the tender offeror.
Reason
The investment is intended to fund the capital required to execute the transaction. The reason for the amended disclosure is that changes had arisen in the disclosed matters.
| Item | Details |
|---|---|
| Matter Covered | The expected commencement of a tender offer for Kakaku.com,Inc. by BCPE Blitz Cayman, L.P. and LINEヤフー's planned indirect joint investment in BCPE Blitz Cayman, L.P. |
| Decision-Making Body | LINEヤフー Board of Directors |
| Decision Date | 29 July 2026 (resolution to launch the tender offer and make the planned investment) |
| Implementation Date | The tender offer is expected to commence in mid-September 2026. LINEヤフー's investment is expected to be made after the tender offer commences and before settlement following completion of the tender offer. |
| Amount | Tender offer price: ¥3,520 per share. If a non-tender agreement can be executed, ¥3,640 per share. LINEヤフー's investment amount: Not disclosed |
| Quantity / scale | The tender offer covers Kakaku.com,Inc. shares and share acquisition rights. The tender offer is expected to acquire all of the company's shares. LINEヤフー plans to invest in BCPE Blitz Intermediate Holdings Cayman, L.P., which holds all of the equity interests in the tender offeror. |
| Reason | The investment is intended to fund the capital required to execute the transaction. The reason for the amended disclosure is that changes had arisen in the disclosed matters. |
| Governing Rule | Article 794, Paragraph 1 of the Companies Act; Article 191, Item 7 of the Ordinance for Enforcement of the Companies Act; Article 782, Paragraph 1 of the Companies Act; Article 182, Paragraph 1, Item 6 of the Ordinance for Enforcement of the Companies Act; tender offer under the Financial Instruments and Exchange Act |
| Related previous disclosures | Prior disclosure document dated 2 July 2026; initial proposals dated 7 May 2026 and 13 May 2026; legally binding proposal dated 1 July 2026 |
| Future plans | The tender offer is expected to commence in mid-September 2026. Following completion of the tender offer, LINEヤフー plans to make an indirect investment by the time of settlement. If the conditions precedent are not satisfied, the tender offer will not be conducted and consideration of the transaction will be discontinued. |
Items this document does not state (2)
Period CoveredImpact on Business Performance
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.Because changes had arisen in the matters previously disclosed, the matters as amended were disclosed pursuant to the Companies Act and the Ordinance for Enforcement of the Companies Act. LINEヤフー's investment is intended to fund the capital required to execute the transaction after completion of the tender offer.
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