Worth reading
63In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
921
¥ millionWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterparty株式会社Ridge-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.White points represent dates designated as scheduled dates in the document.
Consideration and expenses
Acquisition price¥921 million
Type of ConsiderationCash
Impact on Business Performance
The impact on the Company's consolidated results for the fiscal year ending March 2027 from making スターミュージック a consolidated subsidiary is expected to be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionApproval at the shareholders' meeting of Ridge-i scheduled for 15 July 2026
Management structure after acquisitionスターミュージック is expected to become a consolidated subsidiary of the Company. Not disclosed for the corporate name, representative and treatment of employees.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | 株式会社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 |
| Acquisition price | ¥921 million |
| Type of Consideration | Cash |
| 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 the Company's consolidated results for the fiscal year ending March 2027 from making スターミュージック a consolidated subsidiary is expected to be immaterial. |
| Contract Date | 18 May 2026 |
| Execution Date / Effective Date | 16 July 2026 (予定) |
| Conditions Precedent to Execution | Approval at the shareholders' meeting of Ridge-i scheduled for 15 July 2026 |
| Management structure after acquisition | スターミュージック is expected to become a consolidated subsidiary of the Company. Not disclosed for the corporate name, representative and treatment of employees. |
Items this document does not state (20)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 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.This disclosure does not explain the specific reasons for the share acquisition.
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.