Worth reading
43Recurring
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
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Business AcquisitionCounterparty株式会社オーバース
Disclosing companyTokyo Communications Group,Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
The business conducted by 株式会社オーバース in connection with “WHITE SCORPION,” an artist group operated and managed by the company
Net SalesNot disclosed at the counterparty’s request
Operating profitNot disclosed at the counterparty’s request
Net income for the current fiscal yearNot disclosed at the counterparty’s request
Net assetsNot disclosed at the counterparty’s request
Consideration and expenses
Acquisition priceNot disclosed at the request of the counterparty; however, the acquisition price is immaterial in amount.
Type of ConsiderationCash settlement
Goodwill amountThe allocation of the acquisition cost and the amortization periods for goodwill and intangible assets are currently under review.
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
The impact of this matter on the company's performance is minor.
Procedures and assumptions
Management structure after acquisitionEffective 1 July 2026, each member of WHITE SCORPION will become an artist affiliated with T-PRO, a consolidated subsidiary. The Company will transition from indirect involvement to a direct management structure.
| Item | Details |
|---|---|
| Transaction name | Business Acquisition |
| Counterparty name | 株式会社オーバース |
| Business Description of the Subject Company | The business conducted by 株式会社オーバース in connection with “WHITE SCORPION,” an artist group operated and managed by the company |
| Net Sales of the Subject Company | Not disclosed at the counterparty’s request |
| Operating Profit of the Subject Company | Not disclosed at the counterparty’s request |
| Net Income of the Subject Company | Not disclosed at the counterparty’s request |
| Net Assets of the Subject Company | Not disclosed at the counterparty’s request |
| Acquisition price | Not disclosed at the request of the counterparty; however, the acquisition price is immaterial in amount. |
| Type of Consideration | Cash settlement |
| Goodwill amount | The allocation of the acquisition cost and the amortization periods for goodwill and intangible assets are currently under review. |
| Impact on Business Performance | The impact of this matter on the company's performance is minor. |
| Date of board resolution | 11 June 2026 |
| Contract Date | 30 June 2026 |
| Execution Date / Effective Date | 1 July 2026 |
| Management structure after acquisition | Effective 1 July 2026, each member of WHITE SCORPION will become an artist affiliated with T-PRO, a consolidated subsidiary. The Company will transition from indirect involvement to a direct management structure. |
Items this document does not state (17)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsAmount of extraordinary income (loss)Valuation 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 accelerate growth and improve profitability in the fan business. The Company aims to enhance corporate value over the medium to long term by transitioning to direct management, utilizing its media development capabilities and expertise in the digital domain, and expanding its fan base and revenue opportunities.
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.