Worth reading
47Recurring
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
75
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.This transaction
This transactionCounterpartyMINKABU THE INFONOID,Inc.
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.The percentage before the change is not stated in this document.
Contract Date17 September 2026 (basic agreement)
Execution Date / Effective DateScheduled to be completed simultaneously with NTT DATA’s acquisition of MINKABU shares (specific date not disclosed)
Target company
Integrated internet media business
Location Minato-ku, TokyoShare capital ¥10 millionDate of incorporation October 2022
Consideration and expenses
Acquisition price¥7.5 billion
Type of ConsiderationCash
Procedures and assumptions
Conditions Precedent to ExecutionApproval at a shareholders meeting to be convened by MINKABU
Management structure after acquisition株式会社ライブドア is expected to become a consolidated subsidiary of SBI Group, with a 100.0% voting-rights ownership ratio, including indirect ownership. Other details, including the corporate name, representative and treatment of employees, are not disclosed
| Item | Details |
|---|---|
| Transaction name | This transaction |
| Counterparty name | MINKABU THE INFONOID,Inc. |
| Name of the Subject Company | 株式会社ライブドア |
| Business Description of the Subject Company | Integrated internet media business |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | October 2022 |
| Acquisition price | ¥7.5 billion |
| Type of Consideration | Cash |
| Number of shares acquired | All shares (the specific number of shares and voting rights is not disclosed) |
| Voting rights ownership percentage | After 100.0％ (before not disclosed) |
| Contract Date | 17 September 2026 (basic agreement) |
| Execution Date / Effective Date | Scheduled to be completed simultaneously with NTT DATA’s acquisition of MINKABU shares (specific date not disclosed) |
| Conditions Precedent to Execution | Approval at a shareholders meeting to be convened by MINKABU |
| Management structure after acquisition | 株式会社ライブドア is expected to become a consolidated subsidiary of SBI Group, with a 100.0% voting-rights ownership ratio, including indirect ownership. Other details, including the corporate name, representative and treatment of employees, are not disclosed |
Items this document does not state (17)
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)Impact on Business PerformanceDate 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.To combine SBI Group’s capital strength, broad range of business operations and customer base with 株式会社ライブドア’s businesses and assets, unlocking 株式会社ライブドア’s potential value and driving further growth. The parties also aim to expand their customer base and create new growth opportunities through the combination of financial services, IT and media.
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.