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

Notice of Release of Supplementary Explanatory Video Regarding the Acquisition of Shares to Make 株式会社ライト, an “AI Service Development and Operations Company” with Positive Operating Profit and Sales of up to ¥250 Million, a Wholly Owned Subsidiary

A supplementary explanatory video was released regarding the acquisition of 株式会社ライト to make it a wholly owned subsidiary. The body of the disclosure does not provide additional information such as the transaction terms or execution date.

Worth reading
22Immaterial
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2.5
¥100 million (maximum revenue of the target company)
Wording
Definitive
How definitive the wording is.

This transaction

Acquisition of 株式会社ライト to make it a wholly owned subsidiary
Disclosing companyUreru Net Advertising Group Co.,Ltd.
株式会社ライトSubject of this transaction
Target company

AI service development and operations company

Net SalesUp to ¥250 million (fiscal period not stated)
Operating profitPositive (profit amount and fiscal period not stated)
This transaction
ItemDetails
Transaction nameAcquisition of 株式会社ライト to make it a wholly owned subsidiary
Name of the Subject Company株式会社ライト
Business Description of the Subject CompanyAI service development and operations company
Net Sales of the Subject CompanyUp to ¥250 million (fiscal period not stated)
Operating Profit of the Subject CompanyPositive (profit amount and fiscal period not stated)
Items this document does not state (27)
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 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.

A supplementary explanatory video was released regarding the acquisition of 株式会社ライト to make it a wholly owned subsidiary. The disclosure directs readers to the URL provided for details.

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.
Notice of Release of Supplementary Explanatory Video Regarding the Acquisition of Shares to Make 株式会社ライト, an “AI Service Development and Operations Company” with Positive Operating Profit and Sales of up to ¥250 Million, a Wholly Owned Subsidiary | Ureru Net Advertising Group Co.,Ltd. (9235) timely disclosure | Komori