Komori
M&A and Subsidiary Changes4751CyberAgent,Inc.Information and Communications, Services and Others

Notice Regarding a Change in a Specified Subsidiary (Capital Increase by a Consolidated Subsidiary)

REALGATE INC., a consolidated subsidiary, has decided to issue new shares through a public offering and a third-party allotment. If carried out, the company’s capital will exceed the applicable threshold, and it is expected to become a specified subsidiary of サイバーエージェント.

Worth reading
30Immaterial
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Issuance of New Shares through a Public Offering and Third-Party Allotment and Secondary Offering of Shares
Disclosing companyCyberAgent,Inc.
REALGATE INC.Subject of this transactionVoting rights ownership percentage Before 63.29% (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Real estate revitalization, including the conversion of aging buildings in central Tokyo into offices and retail premises for startups, hotels and other uses; creation of optimal spaces and maximization of asset value through its proprietary technical expertise and planning and management capabilities; and promotion of sustainable urban development through environmentally responsible development.

Location Shibuya, TokyoShare capital ¥705 million (as of the end of September 2025)Date of incorporation 24 August 2009
Net Sales¥9,791 million (fiscal year ended September 2025)
Operating profit¥1,043 million (fiscal year ended September 2025)
Net income for the current fiscal year¥559 million (fiscal year ended September 2025)
Net assets¥3,351 million (fiscal year ended September 2025)
Consideration and expenses
Funding arrangementsTo secure acquisition and construction funds through the issuance of new shares by means of a public offering and third-party allotment
Impact on Business Performance

The impact on the consolidated results of the fiscal year ending September 2026 is expected to be immaterial, and no revision to the full-year consolidated earnings forecast has been made at this time.

This transaction
ItemDetails
Transaction nameIssuance of New Shares through a Public Offering and Third-Party Allotment and Secondary Offering of Shares
Name of the Subject CompanyREALGATE INC.
Business Description of the Subject CompanyReal estate revitalization, including the conversion of aging buildings in central Tokyo into offices and retail premises for startups, hotels and other uses; creation of optimal spaces and maximization of asset value through its proprietary technical expertise and planning and management capabilities; and promotion of sustainable urban development through environmentally responsible development.
Location of the Subject CompanyShibuya, Tokyo
Capital Stock of the Subject Company¥705 million (as of the end of September 2025)
Date of Establishment of the Subject Company24 August 2009
Net Sales of the Subject Company¥9,791 million (fiscal year ended September 2025)
Operating Profit of the Subject Company¥1,043 million (fiscal year ended September 2025)
Net Income of the Subject Company¥559 million (fiscal year ended September 2025)
Net Assets of the Subject Company¥3,351 million (fiscal year ended September 2025)
Voting rights ownership percentageBefore 63.29% (after not disclosed)
Funding arrangementsTo secure acquisition and construction funds through the issuance of new shares by means of a public offering and third-party allotment
Impact on Business PerformanceThe impact on the consolidated results of the fiscal year ending September 2026 is expected to be immaterial, and no revision to the full-year consolidated earnings forecast has been made at this time.
Date of board resolution15 May 2026
Execution Date / Effective Date1 June 2026 (scheduled)
Items this document does not state (17)
Counterparty nameAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

To secure the acquisition and construction funds needed to expand and scale up the acquisition of new properties, strengthen the financial base, and reduce reliance on interest-bearing debt.

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.
Notice Regarding a Change in a Specified Subsidiary (Capital Increase by a Consolidated Subsidiary) | CyberAgent,Inc. (4751) timely disclosure | Komori