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Business alliance9401TBS HOLDINGS,INC.Information and Communications, Services and Others

Notice Regarding the Capital and Business Alliance with U-NEXT HOLDINGS Co., Ltd.

TBS Holdings has entered into a capital and business alliance agreement with U-NEXT HOLDINGS and will acquire 11,627,900 shares from the company's president. Its ownership ratio is expected to increase from 1.58% to 8.03% following the acquisition, and the companies will expand their collaboration in areas including content production and distribution and services for stores.

Worth reading
66In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
19999988000
¥
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
9401TBS HOLDINGS,INC.
Alliance partnerU-NEXT HOLDINGS Co., Ltd.
Details of the alliance
  1. 1

    Strengthening the ability to create and distribute original content with global competitiveness through the establishment of a joint venture

  2. 2

    Integrating the Group's video content with the U-NEXT HOLDINGS Group's music service with video distribution functionality for stores (BGV) and its commercial karaoke service, JOYSOUND

  3. 3

    Leveraging the Group's domestic business base and the U-NEXT HOLDINGS Group's broad and diverse customer base across stores and facilities, and collaborating through its financial, real estate and global businesses

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

8.03%Our ownership stake in the partner’s shares
Number of shares acquired11,627,900 shares, representing 6.45% of total shares issued
Acquisition price¥19,999,988,000
Dispatch of directors and officersTBS Television, Inc., a consolidated subsidiary of the Company, has dispatched 1 director to U-NEXT.
About the partner
Business DescriptionContent distribution; store and facility solutions; telecommunications and energy; and financial, real estate and global businesses
LocationShinagawa Ward, Tokyo
Share capital¥99 million
Net Sales¥390,408 million (fiscal year ended August 2025)
Operating profit¥31,571 million (fiscal year ended August 2025)
Impact on Business Performance

The impact of this transaction on the Company's consolidated results is expected to be immaterial.

Date of board resolution26 June 2026Contract Date26 June 2026Share Acquisition Date and Payment Date3 July 2026 (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerU-NEXT HOLDINGS Co., Ltd.
Alliance partner's business activitiesContent distribution; store and facility solutions; telecommunications and energy; and financial, real estate and global businesses
Alliance partner's locationShinagawa Ward, Tokyo
Alliance partner's capital¥99 million
Alliance partner's net sales¥390,408 million (fiscal year ended August 2025)
Alliance partner's operating income¥31,571 million (fiscal year ended August 2025)
Type of allianceCapital and Business Alliance
Details of the allianceStrengthening the ability to create and distribute original content with global competitiveness through the establishment of a joint venture, Integrating the Group's video content with the U-NEXT HOLDINGS Group's music service with video distribution functionality for stores (BGV) and its commercial karaoke service, JOYSOUND, Leveraging the Group's domestic business base and the U-NEXT HOLDINGS Group's broad and diverse customer base across stores and facilities, and collaborating through its financial, real estate and global businesses
Number of shares acquired11,627,900 shares, representing 6.45% of total shares issued
Acquisition price¥19,999,988,000
Shareholding ratio1.58% → 8.03%
Dispatch of directors and officersTBS Television, Inc., a consolidated subsidiary of the Company, has dispatched 1 director to U-NEXT.
Date of board resolution26 June 2026
Contract Date26 June 2026
Share Acquisition Date and Payment Date3 July 2026 (予定)
Impact on Business PerformanceThe impact of this transaction on the Company's consolidated results is expected to be immaterial.
Items this document does not state (7)
Overview of the joint ventureOwnership ratioContract PeriodNumerical targets under the allianceShareholding PolicyAlliance start dateChange in major shareholders

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 aim is to combine TBS's content production capabilities with the U-NEXT HOLDINGS Group's distribution platform, network of overseas partners, and customer base spanning stores and facilities to enhance the ability to create and distribute original content and establish a framework for collaboration in areas beyond content.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Capital and Business Alliance with U-NEXT HOLDINGS Co., Ltd. | TBS HOLDINGS,INC. (9401) timely disclosure | Komori