Worth reading
67In focus
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
2550
¥ millionWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares (making the company a subsidiary)Counterparty遠藤 龍, 浅田 紘史, 船木 創太
Disclosing companyf-code 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.2 days from 決議 / 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company
LTV サイエンス事業
Location 東京都文京区後楽２丁目２番10号Share capital ¥1 millionDate of incorporation 22 January 2020
Net Sales2023年12月期(見込)：500百万円
Operating profit2023年12月期(見込)：363百万円
Net income for the current fiscal year2023年12月期(見込)：237百万円
Net assets2023年12月期(見込)：386百万円
Consideration and expenses
Acquisition price株式会社BINKSの普通株式：2,550百万円
Expenses other than the acquisition priceアドバイザリー費用等（概算額）：3百万円
Type of Consideration現金（株式取得価額2,550百万円）
Funding arrangements株式会社みずほ銀行からの借入：2,550百万円
Goodwill amount連結決算上の計上額は現在精査中。償却期間はNot disclosed
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
のれん及びその他の無形固定資産等の計上額並びに2024年12月期の連結業績予想に与える影響は現在精査中。株式取得完了後、判明次第速やかに公表予定
Procedures and assumptions
Valuation methodology直近四半期営業利益に対して5倍程度のマルチプルを乗じた金額に想定純資産額を加算して想定時価総額を算出し、これを基準として譲渡対価を合意
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares (making the company a subsidiary) |
| Counterparty name | 遠藤 龍, 浅田 紘史, 船木 創太 |
| Name of the Subject Company | 株式会社BINKS |
| Business Description of the Subject Company | LTV サイエンス事業 |
| Location of the Subject Company | 東京都文京区後楽２丁目２番10号 |
| Capital Stock of the Subject Company | ¥1 million |
| Date of Establishment of the Subject Company | 22 January 2020 |
| Net Sales of the Subject Company | 2023年12月期(見込)：500百万円 |
| Operating Profit of the Subject Company | 2023年12月期(見込)：363百万円 |
| Net Income of the Subject Company | 2023年12月期(見込)：237百万円 |
| Net Assets of the Subject Company | 2023年12月期(見込)：386百万円 |
| Acquisition price | 株式会社BINKSの普通株式：2,550百万円 |
| Expenses other than the acquisition price | アドバイザリー費用等（概算額）：3百万円 |
| Type of Consideration | 現金（株式取得価額2,550百万円） |
| Number of shares acquired | 85,000株（議決権の数：85,000個） |
| Voting rights ownership percentage | Before 0.0％ → after 85.0％ |
| Funding arrangements | 株式会社みずほ銀行からの借入：2,550百万円 |
| Goodwill amount | 連結決算上の計上額は現在精査中。償却期間はNot disclosed |
| Impact on Business Performance | のれん及びその他の無形固定資産等の計上額並びに2024年12月期の連結業績予想に与える影響は現在精査中。株式取得完了後、判明次第速やかに公表予定 |
| Date of board resolution | 2024年１月15日 |
| Contract Date | 2024年１月15日 |
| Execution Date / Effective Date | 2024年１月17日（予定、株式譲渡実行日及び借入日） |
| Valuation methodology | 直近四半期営業利益に対して5倍程度のマルチプルを乗じた金額に想定純資産額を加算して想定時価総額を算出し、これを基準として譲渡対価を合意 |
Items this document does not state (9)
Merger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodAmount of extraordinary income (loss)Independent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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.BINKS社のデジタルマーケティングのノウハウやデータ分析・運用力を活用し、当社グループのDX推進と顧客体験の改善を包括的に進める体制を構築することで、顧客価値の最大化、収益性の向上、競争力の強化を図るため。
How to read this page
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