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M&A and Subsidiary Changes6191AirTrip Corp.Information and Communications, Services and Others

Notice Regarding the Commencement of Discussions Toward the Management Integration of Our Subsidiary, 株式会社エアトリ CXO サロン, and AirTrip CVC Investee 株式会社ピカパカ

株式会社エアトリ CXO サロン and 株式会社ピカパカ, an AirTrip CVC portfolio company, have announced that they will begin discussions toward a business integration. The specific details and material terms of the integration have not yet been determined.

Worth reading
54Recurring
Scored from 3 of 5 sections
Direction
Neutral
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Wording
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This transaction

This business integration
Counterparty (target company)株式会社ピカパカ
Disclosing companyAirTrip Corp.
Subject of this transaction
Target company

The company operates PIKAPAKA Travel DX, PIKAPAKA Sales DX and PIKAPAKA Referral DX as part of its corporate DX promotion business; IT specialist staffing as part of its human resources solutions business; in-house brand development as part of its healthcare business; and the PIKAPAKA CXO Club as part of its community business.

Location Chuo-ku, TokyoShare capital ¥398.9 million (including capital reserves)
Impact on Business Performance

The impact on the Company Group's results for the current fiscal year is expected to be immaterial. The Company will make a timely announcement if any changes become necessary.

Procedures and assumptions
Management structure after acquisition株式会社ピカパカ will become part of the AirTrip Group, and the executive community operated by 株式会社ピカパカ, the PIKAPAKA CXO Club, will operate as the AirTrip CXO Salon.
This transaction
ItemDetails
Transaction nameThis business integration
Counterparty name株式会社ピカパカ
Name of the Subject Company株式会社ピカパカ
Business Description of the Subject CompanyThe company operates PIKAPAKA Travel DX, PIKAPAKA Sales DX and PIKAPAKA Referral DX as part of its corporate DX promotion business; IT specialist staffing as part of its human resources solutions business; in-house brand development as part of its healthcare business; and the PIKAPAKA CXO Club as part of its community business.
Location of the Subject CompanyChuo-ku, Tokyo
Capital Stock of the Subject Company¥398.9 million (including capital reserves)
Impact on Business PerformanceThe impact on the Company Group's results for the current fiscal year is expected to be immaterial. The Company will make a timely announcement if any changes become necessary.
Management structure after acquisition株式会社ピカパカ will become part of the AirTrip Group, and the executive community operated by 株式会社ピカパカ, the PIKAPAKA CXO Club, will operate as the AirTrip CXO Salon.
Items this document does not state (24)
Date 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)Date of board resolutionContract DateExecution Date / Effective DateValuation 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 companies determined that their business structures, both built on corporate clients and networks of business owners and executives, are highly complementary, and that a business integration is expected to expand their business foundations and improve service quality.

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 the Commencement of Discussions Toward the Management Integration of Our Subsidiary, 株式会社エアトリ CXO サロン, and AirTrip CVC Investee 株式会社ピカパカ | AirTrip Corp. (6191) timely disclosure | Komori