Notice Regarding the Capital and Business Alliance, the Issuance of New Shares through a Third-Party Allotment, the Issuance of the 18th Stock Acquisition Rights through a Third-Party Allotment, and the Expected Changes in the Largest Shareholder, Which Is a Major Shareholder, and Other Major Shareholders
Petgo Corporation (prospective allottee: ブルーインキュベーション)
Pet outing services and an outing app linked to the company’s proprietary e-commerce site, petgo.jp
The purpose is to combine Petgo Corporation’s digital customer base, e-commerce operating capabilities and specialist knowledge in the pet sector with the Seibu Group’s real assets, physical customer touchpoints, and capabilities in planning and operating pet-friendly initiatives, thereby creating new customer touchpoints and revenue opportunities. Internal funds alone may not be sufficient to execute growth investments with sufficient flexibility.
not disclosed (the impact on the company’s consolidated results for the fiscal year ending March 2027 has not been determined at this time)
The impact of this capital and business alliance and this third-party allotment on the company’s consolidated results for the fiscal year ending March 2027 has not been determined at this time.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Hiroshi Kurosawa (黒澤弘): 2,916 voting rights (291,689 shares), 15.48% (as of 31 March 2026). ブルーインキュベーション: None. Kazuhiro Aoyagi (青柳和洋): 2,070 voting rights (207,000 shares), 10.99% (as of 18 June 2026)
Hiroshi Kurosawa (黒澤弘): 2,916 voting rights (291,689 shares), 13.16%. ブルーインキュベーション: 3,323 voting rights (332,300 shares), 15.00%, No. 1. Kazuhiro Aoyagi (青柳和洋): 2,070 voting rights (207,000 shares), 9.34%
Payment and the commencement of the capital and business alliance are scheduled for 15 July 2026. The exercise period for the Stock Acquisition Rights will run from 16 July 2026 to 15 July 2031. Completion of development of the outing app is scheduled for March 2027. Over the medium to long term, the company believes the alliance will contribute to growth in revenue and profit and to an increase in corporate value.
The company will promptly disclose any matters that should be disclosed in the future.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Capital and Business Alliance, the Issuance of New Shares through a Third-Party Allotment, the Issuance of the 18th Stock Acquisition Rights through a Third-Party Allotment, and the Expected Changes in the Largest Shareholder, Which Is a Major Shareholder, and Other Major Shareholders |
| Date of occurrence | 29 June 2026 (date of the board resolution and execution of the capital and business alliance agreement) |
| Subject Entity | Petgo Corporation (prospective allottee: ブルーインキュベーション) |
| Target Locations / Products | Pet outing services and an outing app linked to the company’s proprietary e-commerce site, petgo.jp |
| Cause | The purpose is to combine Petgo Corporation’s digital customer base, e-commerce operating capabilities and specialist knowledge in the pet sector with the Seibu Group’s real assets, physical customer touchpoints, and capabilities in planning and operating pet-friendly initiatives, thereby creating new customer touchpoints and revenue opportunities. Internal funds alone may not be sufficient to execute growth investments with sufficient flexibility. |
| Amount of Impact on Business Performance | not disclosed (the impact on the company’s consolidated results for the fiscal year ending March 2027 has not been determined at this time) |
| Impact on Earnings Forecast | The impact of this capital and business alliance and this third-party allotment on the company’s consolidated results for the fiscal year ending March 2027 has not been determined at this time. |
| Voting rights ownership percentage before the change | Hiroshi Kurosawa (黒澤弘): 2,916 voting rights (291,689 shares), 15.48% (as of 31 March 2026). ブルーインキュベーション: None. Kazuhiro Aoyagi (青柳和洋): 2,070 voting rights (207,000 shares), 10.99% (as of 18 June 2026) |
| Voting rights ownership percentage after the change | Hiroshi Kurosawa (黒澤弘): 2,916 voting rights (291,689 shares), 13.16%. ブルーインキュベーション: 3,323 voting rights (332,300 shares), 15.00%, No. 1. Kazuhiro Aoyagi (青柳和洋): 2,070 voting rights (207,000 shares), 9.34% |
| Outlook | Payment and the commencement of the capital and business alliance are scheduled for 15 July 2026. The exercise period for the Stock Acquisition Rights will run from 16 July 2026 to 15 July 2031. Completion of development of the outing app is scheduled for March 2027. Over the medium to long term, the company believes the alliance will contribute to growth in revenue and profit and to an increase in corporate value. |
| Planned follow-up disclosure | The company will promptly disclose any matters that should be disclosed in the future. |
Items this document does not state (14)
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 purpose is to combine Petgo Corporation’s digital customer base with the Seibu Group’s real assets, including railways, hotels, commercial facilities and leisure facilities, to develop pet outing services and create new customer touchpoints and revenue opportunities. The company also cites the fact that internal funds alone are not sufficient to execute growth investments with sufficient flexibility.