Komori
M&A and Subsidiary Changes7273IKUYO CO.,LTD.Automobiles and transportation equipment

Notice Concerning the Acquisition of Shares (Making a Company a Subsidiary)

IKUYO CO.,LTD. will acquire 172,750,000 shares of デジタルアセット証券株式会社, making it a subsidiary in which it holds 99% of the voting rights. The acquisition price is ¥1,490 million, and advisory fees and other expenses of ¥6 million will also be incurred.

Worth reading
59In 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
1490
¥ million (acquisition price)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares in this transaction
CounterpartyOMO 株式会社
Disclosing companyIKUYO CO.,LTD.
デジタルアセット証券株式会社Voting rights ownership percentageNumber of shares acquired 172,750,000 shares (number of voting rights: 172,750,000)

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.
Target company

Financial instruments business

Location Chiyoda-ku, TokyoShare capital ¥100 millionDate of incorporation 14 February 2001
Net Sales¥321 million (fiscal year ended March 2025)
Operating profitNet loss of ¥62 million (fiscal year ended March 2025)
Net income for the current fiscal yearNet loss of ¥62 million (fiscal year ended March 2025)
Net assetsNet assets of ¥536 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition price¥1,490 million
Expenses other than the acquisition priceAdvisory fees and other expenses: ¥6 million
Impact on Business Performance

The impact is scheduled to be incorporated into the full-year earnings forecast for the fiscal year ending March 2027 in the earnings summary scheduled to be announced on 15 May 2026. If any matters requiring disclosure arise in the future, the company will announce them promptly.

Procedures and assumptions
Valuation methodologyDue diligence by third-party organizations (栗林総合法律事務所 and バディーズアセット株式会社), share valuation (株式会社コンライズFAS), and other methods
Independent valuation institution株式会社コンライズFAS
This transaction
ItemDetails
Transaction nameAcquisition of shares in this transaction
Counterparty nameOMO 株式会社
Name of the Subject Companyデジタルアセット証券株式会社
Business Description of the Subject CompanyFinancial instruments business
Location of the Subject CompanyChiyoda-ku, Tokyo
Capital Stock of the Subject Company¥100 million
Date of Establishment of the Subject Company14 February 2001
Net Sales of the Subject Company¥321 million (fiscal year ended March 2025)
Operating Profit of the Subject CompanyNet loss of ¥62 million (fiscal year ended March 2025)
Net Income of the Subject CompanyNet loss of ¥62 million (fiscal year ended March 2025)
Net Assets of the Subject CompanyNet assets of ¥536 million (fiscal year ended March 2025)
Acquisition price¥1,490 million
Expenses other than the acquisition priceAdvisory fees and other expenses: ¥6 million
Number of shares acquired172,750,000 shares (number of voting rights: 172,750,000)
Voting rights ownership percentageBefore 0% → after 99%
Impact on Business PerformanceThe impact is scheduled to be incorporated into the full-year earnings forecast for the fiscal year ending March 2027 in the earnings summary scheduled to be announced on 15 May 2026. If any matters requiring disclosure arise in the future, the company will announce them promptly.
Date of board resolution8 May 2026
Contract Date24 June 2026 (planned)
Valuation methodologyDue diligence by third-party organizations (栗林総合法律事務所 and バディーズアセット株式会社), share valuation (株式会社コンライズFAS), and other methods
Independent valuation institution株式会社コンライズFAS
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)Execution Date / Effective DateSpecial 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.

The company will leverage DA Securities' functions as a financial instruments business operator and its customer base to strengthen its business platform in the digital sector and create new revenue opportunities. It plans to develop digital asset products and services, engage in cryptocurrency management and mining, collaborate with payment platforms, pursue external alliances in the Web3 sector, and establish a framework for providing a diverse range of financial products, with the aim of enhancing corporate value over the medium to long term.

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 Concerning the Acquisition of Shares (Making a Company a Subsidiary) | IKUYO CO.,LTD. (7273) timely disclosure | Komori