Worth reading
46Recurring
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
1332
¥ per shareWording
Avoiding a definitive answer
How definitive the wording is.This transaction
This tender offerCounterpartyメディア株式会社
Disclosing companyOricon Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceTotal: Not disclosed (¥1,332 per common share)
Type of ConsiderationCash (¥1,332 per common share)
Tender offer price¥1,332 per common share
Minimum number of shares to be purchased3,903,300 shares
Tender offer period29 May 2026 (Friday) to 9 July 2026 (Thursday) (30 business days)
Procedures and assumptions
Conditions Precedent to ExecutionA minimum tender condition of 3,903,300 shares has been set for completion of this tender offer. Approval at an extraordinary general meeting of shareholders of the target company is required for the share consolidation following completion.
Management structure after acquisitionThe policy is to take Oricon Inc. private and make it a wholly owned subsidiary of メディア株式会社. Koike Hisashi (小池 恒) is expected to continue managing the target company after the transaction. Changes to the corporate name and representative, and the treatment of employees, are Not disclosed.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | メディア株式会社 |
| Name of the Subject Company | Oricon Inc. |
| Acquisition price | Total: Not disclosed (¥1,332 per common share) |
| Type of Consideration | Cash (¥1,332 per common share) |
| Tender offer price | ¥1,332 per common share |
| Minimum number of shares to be purchased | 3,903,300 shares |
| Tender offer period | 29 May 2026 (Friday) to 9 July 2026 (Thursday) (30 business days) |
| Number of shares acquired | Number of shares to be purchased: 8,211,375 shares; number of voting rights: Not disclosed |
| Date of board resolution | 28 May 2026 |
| Execution Date / Effective Date | Settlement start date for this tender offer: 16 July 2026 (Thursday). Effective date of the share consolidation: Not disclosed (an extraordinary general meeting of shareholders is scheduled for around August 2026) |
| Conditions Precedent to Execution | A minimum tender condition of 3,903,300 shares has been set for completion of this tender offer. Approval at an extraordinary general meeting of shareholders of the target company is required for the share consolidation following completion. |
| Management structure after acquisition | The policy is to take Oricon Inc. private and make it a wholly owned subsidiary of メディア株式会社. Koike Hisashi (小池 恒) is expected to continue managing the target company after the transaction. Changes to the corporate name and representative, and the treatment of employees, are Not disclosed. |
Items this document does not state (19)
Business 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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee
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.メディア株式会社 explained that its primary purpose is to acquire and own shares of Oricon Inc. through the tender offer, which will be conducted as part of the transaction to take Oricon Inc. private and make it a wholly owned subsidiary of メディア株式会社.
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.