Komori
M&A and Subsidiary Changes9348ispace,inc.Information and Communications, Services and Others

(Progress Update on Disclosed Matters) Notice Regarding the Establishment of a Consolidated Subsidiary in the Kingdom of Saudi Arabia

Regarding the establishment of a consolidated subsidiary in Saudi Arabia announced in December 2025, the company decided on the outline of the subsidiary to be established. Formal establishment is scheduled for 2026, after the necessary government approvals and licenses have been obtained.

Worth reading
54Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
109
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a Consolidated Subsidiary
Disclosing companyispace,inc.
ispace S AVoting 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.

Date of board resolution25 February 2026
Execution Date / Effective Date2026年中に正式な設立を予定
Target company

Lunar Development Business

Location サウジアラビア王国・リヤドShare capital 109 百万円
Impact on Business Performance

本件による2026年3月期通期連結業績予想に与える影響は軽微

Procedures and assumptions
Conditions Precedent to Execution正式な手続きを完了し、サウジアラビア政府から必要な承認・認可を取得すること
Management structure after acquisition株式会社ispaceが100%出資。取締役は袴田武史、野﨑順平、Julien-Alexandre Lamamy。取締役は当社及び当社子会社の取締役が兼任する予定。
This transaction
ItemDetails
Transaction nameEstablishment of a Consolidated Subsidiary
Name of the Subject Companyispace S A
Business Description of the Subject CompanyLunar Development Business
Location of the Subject Companyサウジアラビア王国・リヤド
Capital Stock of the Subject Company109 百万円
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business Performance本件による2026年3月期通期連結業績予想に与える影響は軽微
Date of board resolution25 February 2026
Execution Date / Effective Date2026年中に正式な設立を予定
Conditions Precedent to Execution正式な手続きを完了し、サウジアラビア政府から必要な承認・認可を取得すること
Management structure after acquisition株式会社ispaceが100%出資。取締役は袴田武史、野﨑順平、Julien-Alexandre Lamamy。取締役は当社及び当社子会社の取締役が兼任する予定。
Items this document does not state (21)
Counterparty nameDate of Establishment of the Subject CompanyNet Sales 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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee

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.

サウジアラビアにおける事業機会の創出、既存ステークホルダーとの関係強化、価値のあるパートナーシップの機会の検討・創出を通じ、同国との長期的な連携を目指すため。

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.
(Progress Update on Disclosed Matters) Notice Regarding the Establishment of a Consolidated Subsidiary in the Kingdom of Saudi Arabia | ispace,inc. (9348) timely disclosure | Komori