Komori
M&A and Subsidiary Changes9235Ureru Net Advertising Group Co.,Ltd.Information and Communications, Services and Others

[Revenue: ¥1.463 billion] [Profitable] Basic agreement signed toward making mobile systems and mobile communications company パロットビーク株式会社 a wholly owned subsidiary through share acquisition (supplementary explanatory video)

A supplementary explanatory video was released regarding the basic agreement toward making パロットビーク株式会社 a wholly owned subsidiary through share acquisition. The transaction terms, including the acquisition price and execution date, were not disclosed in the announcement.

Worth reading
20Immaterial
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
14.63
¥100 million (target company's revenue)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Basic agreement toward making the target a wholly owned subsidiary through share acquisition
Disclosing companyUreru Net Advertising Group Co.,Ltd.
パロットビーク株式会社Subject of this transaction
Target company

Mobile systems and mobile communications company

Net Sales¥1.463 billion (fiscal year-end: Not disclosed)
This transaction
ItemDetails
Transaction nameBasic agreement toward making the target a wholly owned subsidiary through share acquisition
Name of the Subject Companyパロットビーク株式会社
Business Description of the Subject CompanyMobile systems and mobile communications company
Net Sales of the Subject Company¥1.463 billion (fiscal year-end: Not disclosed)
Items this document does not state (28)
Counterparty nameLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent 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.

The company stated that it had released a supplementary explanatory video regarding the signing of the basic agreement. The announcement did not state the reason for the transaction itself.

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.
[Revenue: ¥1.463 billion] [Profitable] Basic agreement signed toward making mobile systems and mobile communications company パロットビーク株式会社 a wholly owned subsidiary through share acquisition (supplementary explanatory video) | Ureru Net Advertising Group Co.,Ltd. (9235) timely disclosure | Komori