Komori
M&A and Subsidiary Changes4772SM ENTERTAINMENT JAPAN Co.,Ltd.Information and Communications, Services and Others

(Progress of Disclosed Matter) Notice Regarding Cancellation of the Business Transfer

Regarding the broadcasting business that the company planned to transfer to AppBank株式会社, it became unlikely that the parties would reach agreement on the final transfer terms. The business transfer will therefore be cancelled and the basic agreement terminated.

Worth reading
27Immaterial
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

This transaction

This business transfer
CounterpartyAppBank株式会社
Disclosing companySM ENTERTAINMENT JAPAN Co.,Ltd.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Broadcasting Business

Impact on Business Performance

本件中止による当社の2025年12月期連結業績への影響はありません。また、2026年12月期連結業績予想には本件譲渡の影響を反映していないため、本件中止に伴う業績予想の修正はありません。

This transaction
ItemDetails
Transaction nameThis business transfer
Counterparty nameAppBank株式会社
Business Description of the Subject CompanyBroadcasting Business
Impact on Business Performance本件中止による当社の2025年12月期連結業績への影響はありません。また、2026年12月期連結業績予想には本件譲渡の影響を反映していないため、本件中止に伴う業績予想の修正はありません。
Date of board resolution10 February 2026
Execution Date / Effective Date2026年3月1日(予定)だったが、本事業譲渡は中止
Items this document does not state (26)
Name 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill 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.

譲渡条件等について最終的な合意に至る見込みが立たなくなったため、両社協議の上で事業譲渡を中止し、基本合意を解消することとしたものです。

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 of Disclosed Matter) Notice Regarding Cancellation of the Business Transfer | SM ENTERTAINMENT JAPAN Co.,Ltd. (4772) timely disclosure | Komori