Worth reading
42Recurring
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
5010
¥ million (expected)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Capital contribution to Workforce Innovation Fund 1 Investment Limited PartnershipCounterpartyWorkforce Innovation Fund 1 Investment Limited Partnership, NVenture Capital株式会社
Disclosing companyNEC Capital Solutions Limited
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 Date16 April 2026 (planned)
Target company
Venture investment business
Location Minato-ku, TokyoDate of incorporation 6 March 2026
Consideration and expenses
Acquisition price¥5,010 million (planned, amount of capital contributions to be received; expected to be up to ¥10,000 million)
Type of ConsiderationCash (capital contribution payment)
Impact on Business Performance
The impact on the Company's consolidated results is expected to be immaterial and will be reflected in the full-year earnings forecast for the fiscal year ending March 2027 (1 April 2026 to 31 March 2027).
Procedures and assumptions
Management structure after acquisitionThe general partner is NVenture Capital株式会社. The representative director is Kunieda Kazuo (國枝和雄). Kunieda Kazuo (國枝和雄), representative director of the Company's consolidated subsidiary NVenture Capital株式会社, will also serve as the representative of the partnership. The corporate name and employee treatment: not disclosed
| Item | Details |
|---|---|
| Transaction name | Capital contribution to Workforce Innovation Fund 1 Investment Limited Partnership |
| Counterparty name | Workforce Innovation Fund 1 Investment Limited Partnership, NVenture Capital株式会社 |
| Name of the Subject Company | Workforce Innovation Fund 1 Investment Limited Partnership |
| Business Description of the Subject Company | Venture investment business |
| Location of the Subject Company | Minato-ku, Tokyo |
| Date of Establishment of the Subject Company | 6 March 2026 |
| Acquisition price | ¥5,010 million (planned, amount of capital contributions to be received; expected to be up to ¥10,000 million) |
| Type of Consideration | Cash (capital contribution payment) |
| Voting rights ownership percentage | After 60.1% (the Company's planned direct or indirect investment interest) (before not disclosed) |
| Impact on Business Performance | The impact on the Company's consolidated results is expected to be immaterial and will be reflected in the full-year earnings forecast for the fiscal year ending March 2027 (1 April 2026 to 31 March 2027). |
| Execution Date / Effective Date | 16 April 2026 (planned) |
| Management structure after acquisition | The general partner is NVenture Capital株式会社. The representative director is Kunieda Kazuo (國枝和雄). Kunieda Kazuo (國枝和雄), representative director of the Company's consolidated subsidiary NVenture Capital株式会社, will also serve as the representative of the partnership. The corporate name and employee treatment: not disclosed |
Items this document does not state (20)
Capital Stock 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 periodNumber of shares acquiredFunding 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.Based on a comprehensive assessment of factors including the percentage interests in the capital of the investment limited partnership and the proportion of authority over its business operations, the partnership is expected to qualify as a specified subsidiary of the Company following a capital contribution payment request from Workforce Innovation Fund 1 Investment Limited Partnership.
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