Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
685
¥ million (approximate amount, including the acquisition price, advisory fees and other costs)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of shares (making the company a subsidiary)CounterpartyMatsumoto Yushin (松本 勇信)
Disclosing companyBRIDGE International Group Corp.
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
AI consulting business and AI development support business
Location Minato-ku, TokyoShare capital ¥300 thousandDate of incorporation 27 March 2024
Net Sales¥147,085,357 (March 2025 to February 2026; reference information)
Operating profit¥28,907,513 (March 2025 to February 2026; reference information)
Net income for the current fiscal year¥24,523,691 (March 2025 to February 2026; reference information)
Net assets¥24,987,292 (March 2025 to February 2026; reference information)
Consideration and expenses
Acquisition price¥650 million
Expenses other than the acquisition priceAdvisory fees and other costs (approximate amount): ¥35 million
Impact on Business Performance
The impact of this transaction will be incorporated into the consolidated earnings forecast for the fiscal year ending December 2026 and is scheduled to be disclosed by the date of publication of the financial results summary for the second quarter of the fiscal year ending December 2026.
Procedures and assumptions
Valuation methodologyDCF method (discounted cash flow method)
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares (making the company a subsidiary) |
| Counterparty name | Matsumoto Yushin (松本 勇信) |
| Name of the Subject Company | 株式会社 EraX |
| Business Description of the Subject Company | AI consulting business and AI development support business |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥300 thousand |
| Date of Establishment of the Subject Company | 27 March 2024 |
| Net Sales of the Subject Company | ¥147,085,357 (March 2025 to February 2026; reference information) |
| Operating Profit of the Subject Company | ¥28,907,513 (March 2025 to February 2026; reference information) |
| Net Income of the Subject Company | ¥24,523,691 (March 2025 to February 2026; reference information) |
| Net Assets of the Subject Company | ¥24,987,292 (March 2025 to February 2026; reference information) |
| Acquisition price | ¥650 million |
| Expenses other than the acquisition price | Advisory fees and other costs (approximate amount): ¥35 million |
| Number of shares acquired | 10,000 shares (number of voting rights: 10,000) |
| Voting rights ownership percentage | Before 0％ → after 100％ |
| Impact on Business Performance | The impact of this transaction will be incorporated into the consolidated earnings forecast for the fiscal year ending December 2026 and is scheduled to be disclosed by the date of publication of the financial results summary for the second quarter of the fiscal year ending December 2026. |
| Date of board resolution | 25 May 2026 |
| Contract Date | 25 May 2026 |
| Execution Date / Effective Date | 23 June 2026 (予定) |
| Valuation methodology | DCF method (discounted cash flow method) |
Items this document does not state (12)
Type of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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 incorporate EraX's advanced AI technology and development capabilities and combine them with the Group's customer base, sales support expertise and human resources development functions, thereby promoting growth in AI-based services, strengthening the AI implementation support structure and expanding the AI talent development 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.