Komori
M&A and Subsidiary Changes6740Japan Display Inc.Electrical and Precision Instruments

(Progress on Disclosed Matter) Notice of Transfer of Intellectual Property Rights to Newly Established Subsidiaries and Transfer of Shares in Such Subsidiaries to Ichigo Trust

The company entered into an agreement to transfer all shares in the 3 newly established subsidiaries to which it transferred intellectual property rights to Ichigo Trust, with completion scheduled for 30 July 2025. After the transfer, the company will continue to use some of the relevant intellectual property under royalty-free licenses.

Worth reading
59In focus
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
8
億円(JDIDD保有知財の帳簿価額)
Wording
Conditional
How definitive the wording is.

This transaction

This share transfer
CounterpartyIchigo Trust
Disclosing companyJapan Display Inc.
株式会社 Magnolia Purple, 株式会社 Magnolia White, 株式会社 Magnolia BlueVoting rights ownership percentageNumber of shares acquired 101株(各社、議決権の数:100個)

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

知的財産権の取得、管理、運用、調達及びライセンス供与その他これらに関連する業務

Location Minato-ku, TokyoShare capital 10,000円(各社)Date of incorporation 2025年5月19日(各社)
Consideration and expenses
Acquisition price守秘義務により、譲渡価額の開示を控えさせていただきます。
Type of ConsiderationCash
Impact on Business Performance

当連結年度における業績への影響額は現在精査中

Procedures and assumptions
Valuation methodologyインカムアプローチ(ディスカウンテッド・キャッシュ・フロー法)
Independent valuation institutionデロイト トーマツ ファイナンシャルアドバイザリー
Special Committee設置の記載なし。独立役員である社外取締役3名から、少数株主にとって不利益でない旨の意見を取得
Conditions Precedent to Execution本株式譲渡に係る株式譲渡契約が適法かつ有効に締結され、存続していることが本第三者割当の払込みの前提条件とされている
Management structure after acquisition対象会社3社はIchigo Trustが全株式を保有する予定。当社は対象知財の一部について無償の実施権を得る予定。代表者・従業員の処遇についてはNot disclosed
This transaction
ItemDetails
Transaction nameThis share transfer
Counterparty nameIchigo Trust
Name of the Subject Company株式会社 Magnolia Purple, 株式会社 Magnolia White, 株式会社 Magnolia Blue
Business Description of the Subject Company知的財産権の取得、管理、運用、調達及びライセンス供与その他これらに関連する業務
Location of the Subject CompanyMinato-ku, Tokyo
Capital Stock of the Subject Company10,000円(各社)
Date of Establishment of the Subject Company2025年5月19日(各社)
Acquisition price守秘義務により、譲渡価額の開示を控えさせていただきます。
Type of ConsiderationCash
Number of shares acquired101株(各社、議決権の数:100個)
Voting rights ownership percentageBefore 100% → after 0%
Impact on Business Performance当連結年度における業績への影響額は現在精査中
Date of board resolution25 June 2025
Contract Date25 June 2025
Execution Date / Effective Date2025年7月30日(予定)
Valuation methodologyインカムアプローチ(ディスカウンテッド・キャッシュ・フロー法)
Independent valuation institutionデロイト トーマツ ファイナンシャルアドバイザリー
Special Committee設置の記載なし。独立役員である社外取締役3名から、少数株主にとって不利益でない旨の意見を取得
Conditions Precedent to Execution本株式譲渡に係る株式譲渡契約が適法かつ有効に締結され、存続していることが本第三者割当の払込みの前提条件とされている
Management structure after acquisition対象会社3社はIchigo Trustが全株式を保有する予定。当社は対象知財の一部について無償の実施権を得る予定。代表者・従業員の処遇についてはNot disclosed
Items this document does not state (12)
Net 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 ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)

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.

業績低迷による運転資金需要やIchigo Trustからの借入金650億円への利息負担に対応し、まずは運転資金を確保するとともに、第三者割当と合わせてBEYOND DISPLAY戦略の成長資金を確保するため。

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 on Disclosed Matter) Notice of Transfer of Intellectual Property Rights to Newly Established Subsidiaries and Transfer of Shares in Such Subsidiaries to Ichigo Trust | Japan Display Inc. (6740) timely disclosure | Komori