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

Supplementary Explanatory Materials on the Acquisition of Shares in “Light Co., Ltd.,” an “AI Service Development and Operations Company” with Operating Profit in the Black and Maximum Revenue of ¥250 Million, Resulting in Its Becoming a Wholly Owned Subsidiary

Ureru Net Advertising Co., Ltd. Group provided supplementary explanations of the business, financial position and rationale for acquiring all shares of 株式会社ライト, an AI service development and operations company, to make it a wholly owned subsidiary. The Group outlined plans to use Light's AI development technology and other capabilities to expand its AEO and corporate AI services.

Worth reading
80Important
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
2.5
¥100 million (maximum revenue of the target company)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares and making the company a wholly owned subsidiary
Disclosing companyUreru Net Advertising Group Co.,Ltd.
株式会社ライトVoting rights ownership percentage

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.

Target company

Digital content operations, operational verification testing, and AI service development and operations

Net Sales¥165 million (fiscal year ended February 2026)
Operating profit¥13 million (fiscal year ended February 2026)
Consideration and expenses
Type of ConsiderationWhether the consideration consisted of cash, shares or a combination: not disclosed
Procedures and assumptions
Management structure after acquisitionThe Group plans to develop the development and operations of AI-related services as a new growth driver and advance group-wide (consolidated) management. The corporate name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares and making the company a wholly owned subsidiary
Name of the Subject Company株式会社ライト
Business Description of the Subject CompanyDigital content operations, operational verification testing, and AI service development and operations
Net Sales of the Subject Company¥165 million (fiscal year ended February 2026)
Operating Profit of the Subject Company¥13 million (fiscal year ended February 2026)
Type of ConsiderationWhether the consideration consisted of cash, shares or a combination: not disclosed
Voting rights ownership percentageAfter 100% (making the company a wholly owned subsidiary) (before not disclosed)
Management structure after acquisitionThe Group plans to develop the development and operations of AI-related services as a new growth driver and advance group-wide (consolidated) management. The corporate name, representative and treatment of employees: not disclosed
Items this document does not state (24)
Counterparty nameLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses 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)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective 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.

To pursue collaboration with the Group's AEO business, create new marketing solutions, establish an integrated framework for developing and deploying AI-related services, enhance the development speed and competitiveness of AI services, and build a next-generation AI platform.

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.
Supplementary Explanatory Materials on the Acquisition of Shares in “Light Co., Ltd.,” an “AI Service Development and Operations Company” with Operating Profit in the Black and Maximum Revenue of ¥250 Million, Resulting in Its Becoming a Wholly Owned Subsidiary | Ureru Net Advertising Group Co.,Ltd. (9235) timely disclosure | Komori