Worth reading
61In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterpartyRidge-i
Disclosing companySBI Holdings,Inc.
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
Music business; social media marketing business
Location Shibuya, TokyoShare capital ¥31 millionDate of incorporation 1 April 2011
Net Sales¥1,966 million (fiscal year ended March 2025)
Operating profit¥186 million (fiscal year ended March 2025)
Net income for the current fiscal year¥136 million (fiscal year ended March 2025)
Net assets¥784 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceTo be determined through discussions toward the execution of the acquisition agreement.
Impact on Business Performance
The impact on our consolidated results for the fiscal year ending March 2027 is expected to be minor.
Procedures and assumptions
Conditions Precedent to ExecutionThe conditions for completion of the transaction will be determined through future negotiations.
Management structure after acquisitionスターミュージック is expected to become our consolidated subsidiary. Change of corporate name, representative and treatment of employees: not disclosed
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Ridge-i |
| Name of the Subject Company | 株式会社スターミュージック・エンタテインメント |
| Business Description of the Subject Company | Music business; social media marketing business |
| Location of the Subject Company | Shibuya, Tokyo |
| Capital Stock of the Subject Company | ¥31 million |
| Date of Establishment of the Subject Company | 1 April 2011 |
| Net Sales of the Subject Company | ¥1,966 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥186 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥136 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥784 million (fiscal year ended March 2025) |
| Acquisition price | To be determined through discussions toward the execution of the acquisition agreement. |
| Number of shares acquired | 710,000 shares (number of voting rights: 710,000) |
| Voting rights ownership percentage | Before 0％ → after 66.98％ |
| Impact on Business Performance | The impact on our consolidated results for the fiscal year ending March 2027 is expected to be minor. |
| Contract Date | Basic agreement: 30 March 2026; acquisition agreement: 15 May 2026 (scheduled) |
| Execution Date / Effective Date | 22 July 2026 (scheduled) |
| Conditions Precedent to Execution | The conditions for completion of the transaction will be determined through future negotiations. |
| Management structure after acquisition | スターミュージック is expected to become our consolidated subsidiary. Change of corporate name, representative and treatment of employees: not disclosed |
Items this document does not state (13)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation methodologyIndependent valuation institutionSpecial Committee
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.Making スターミュージック・エンタテインメント a consolidated subsidiary is expected to generate business synergies with companies across the SBI Group, enable more efficient use of management resources and strengthen competitiveness. Ridge-i also intends to focus its management resources on its custom AI solutions business and improve capital efficiency and corporate value.
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.