Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
90000000
¥Wording
Conditional
How definitive the wording is.This transaction
Private PlacementCounterpartyFreedom Holding Corp.
Disclosing companyLedax Co.,Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Execution Date / Effective Date22 May 2026 (payment completed)
Target company
Market research, analysis and consulting relating to financial businesses using cutting-edge FinTech Market research and regulatory authority liaison in preparation for entering the banking business
Location Chiyoda-ku, TokyoShare capital ¥100,000,000Date of incorporation 30 January 2026
Consideration and expenses
Acquisition price¥90,000,000
Type of ConsiderationCash
Impact on Business Performance
The impact of this matter on the Company's consolidated results for the current fiscal year is under review.
Procedures and assumptions
Management structure after acquisitionFollowing completion of the capital increase, the nominees designated by Freedom Holding Corp. are expected to take office. The representative director will be Timur Turlov, the directors will be Tamerlan Rakhimov, a person designated by Freedom Holding Corp., 加畑雅之 and 渡邊雄太, and the corporate auditor will be 長倉統己. The appointments are scheduled for the end of May 2026.
| Item | Details |
|---|---|
| Transaction name | Private Placement |
| Counterparty name | Freedom Holding Corp. |
| Name of the Subject Company | Freedom Japan Co., Ltd. |
| Business Description of the Subject Company | Market research, analysis and consulting relating to financial businesses using cutting-edge FinTech Market research and regulatory authority liaison in preparation for entering the banking business |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100,000,000 |
| Date of Establishment of the Subject Company | 30 January 2026 |
| Acquisition price | ¥90,000,000 |
| Type of Consideration | Cash |
| Number of shares acquired | 1,800 common shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | After 10% (before not disclosed) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the current fiscal year is under review. |
| Execution Date / Effective Date | 22 May 2026 (payment completed) |
| Management structure after acquisition | Following completion of the capital increase, the nominees designated by Freedom Holding Corp. are expected to take office. The representative director will be Timur Turlov, the directors will be Tamerlan Rakhimov, a person designated by Freedom Holding Corp., 加畑雅之 and 渡邊雄太, and the corporate auditor will be 長倉統己. The appointments are scheduled for the end of May 2026. |
Items this document does not state (18)
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)Date of board resolutionContract DateValuation 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 develop a joint business in the Japanese market under a strong partnership with Freedom Holding Corp. and contribute to 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.
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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.