Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
This capital and business allianceCounterpartyNTT DOCOMO, INC.
Disclosing companyWOWOW INC.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after 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
Entertainment video content distribution business
Location Minato-ku, TokyoShare capital ¥100Date of incorporation 17 June 2026
Consideration and expenses
Type of ConsiderationShares (common shares of the new company)
Impact on Business Performance
The impact on the Company's consolidated financial results for the fiscal year ending March 2027 is currently under review.
Procedures and assumptions
Management structure after acquisitionEmployees of our company will concurrently serve as officers of the new company. The representative of the new company will be Representative Director Suzuki Satoshi (鈴木聡).
| Item | Details |
|---|---|
| Transaction name | This capital and business alliance |
| Counterparty name | NTT DOCOMO, INC. |
| Name of the Subject Company | WOWOW共同事業準備株式会社 |
| Business Description of the Subject Company | Entertainment video content distribution business |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100 |
| Date of Establishment of the Subject Company | 17 June 2026 |
| Type of Consideration | Shares (common shares of the new company) |
| Voting rights ownership percentage | Before 100％ → after 51％ |
| Impact on Business Performance | The impact on the Company's consolidated financial results for the fiscal year ending March 2027 is currently under review. |
| Contract Date | 15 June 2026 (joint venture agreement, share transfer agreement and underwriting agreement) |
| Execution Date / Effective Date | 1 October 2026 (予定) |
| Management structure after acquisition | Employees of our company will concurrently serve as officers of the new company. The representative of the new company will be Representative Director Suzuki Satoshi (鈴木聡). |
Items this document does not state (19)
Net 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 priceMerger 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 resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
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 procedures for the company split have taken longer than expected.
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.