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

Notice Regarding AirTrip CVC Investment Company PIKAPAKA Becoming a Consolidated Subsidiary

エアトリ made 株式会社ピカパカ, a CVC portfolio company, and its subsidiary consolidated subsidiaries effective 1 October 2026. Going forward, the two companies will integrate their executive communities and combine their corporate DX, human resources and healthcare businesses with the エアトリ Group's business platform.

Worth reading
58In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
100
¥100 million (target transaction volume for the ピカパカ Group)
Wording
Conditional
How definitive the wording is.

This transaction

Consolidation of CVC portfolio company 株式会社ピカパカ as a consolidated subsidiary of エアトリ
Counterparty (target company)株式会社ピカパカ, 株式会社ピカパカエージェント
Disclosing companyAirTrip Corp.
Subject of this transaction
Execution Date / Effective Date1 October 2026 (consolidation as a consolidated subsidiary)
Target company

Corporate DX promotion business (ピカパカ Travel DX, ピカパカ Sales DX and ピカパカ Customer Referral DX), Human resources solutions business (IT specialist staffing), Healthcare business (in-house brand development), Executive community, “ピカパカ CXO Club”

Location Chuo-ku, Tokyo, Chuo-ku, TokyoShare capital ¥398.9 million (including capital reserves), ¥34.5 million
Impact on Business Performance

The ピカパカ Group is expected to become a consolidated subsidiary and be included in the consolidated financial figures from the fiscal year ending September 2027. No revisions to the earnings forecast or other changes are planned as a result of the consolidation. If the need for any changes arises, the company will make a timely disclosure.

Procedures and assumptions
Management structure after acquisitionThe executive community operated by 株式会社ピカパカ, “ピカパカ CXO Club,” will be integrated into “エアトリ CXO Salon” and continue its activities. The membership bases of the two communities will be consolidated. Other details will be determined through discussions between the two companies. No information is provided on the treatment of representatives or employees.
This transaction
ItemDetails
Transaction nameConsolidation of CVC portfolio company 株式会社ピカパカ as a consolidated subsidiary of エアトリ
Counterparty name株式会社ピカパカ, 株式会社ピカパカエージェント
Name of the Subject Company株式会社ピカパカ, 株式会社ピカパカエージェント
Business Description of the Subject CompanyCorporate DX promotion business (ピカパカ Travel DX, ピカパカ Sales DX and ピカパカ Customer Referral DX), Human resources solutions business (IT specialist staffing), Healthcare business (in-house brand development), Executive community, “ピカパカ CXO Club”
Location of the Subject CompanyChuo-ku, Tokyo, Chuo-ku, Tokyo
Capital Stock of the Subject Company¥398.9 million (including capital reserves), ¥34.5 million
Impact on Business PerformanceThe ピカパカ Group is expected to become a consolidated subsidiary and be included in the consolidated financial figures from the fiscal year ending September 2027. No revisions to the earnings forecast or other changes are planned as a result of the consolidation. If the need for any changes arises, the company will make a timely disclosure.
Execution Date / Effective Date1 October 2026 (consolidation as a consolidated subsidiary)
Management structure after acquisitionThe executive community operated by 株式会社ピカパカ, “ピカパカ CXO Club,” will be integrated into “エアトリ CXO Salon” and continue its activities. The membership bases of the two communities will be consolidated. Other details will be determined through discussions between the two companies. No information is provided on the treatment of representatives or employees.
Items this document does not state (23)
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 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.

To quickly realize the business complementarity of the two companies, which are based on corporate clients and executive networks. By consolidating their member bases and combining ピカパカ's businesses with the エアトリ Group's business platform, the companies aim to increase the value provided to member companies and expand their corporate business.

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 AirTrip CVC Investment Company PIKAPAKA Becoming a Consolidated Subsidiary | AirTrip Corp. (6191) timely disclosure | Komori