Making NeoRealX a Subsidiary and Providing Additional Capital to Drive Business Creation and Expansion in the XR Sector | Nippon Television Holdings,Inc. (9404) timely disclosure

Worth reading

53Recurring

Scored from 4 of 5 sections

Direction

Improvement

Direction inferred from the company’s description.

Scale

3.5

¥100 million (additional investment amount)

Wording

Conditional

How definitive the wording is.

This transaction

NeoRealX Becoming a Subsidiary and Additional Investment

Disclosing companyNippon Television Holdings,Inc.

株式会社NeoRealXSubject of this transaction

Target company

・Planning and production of XR (VR/AR/MR) content ・Production of experiential content and experiential spaces ・Provision of XR solutions for regional revitalization and tourism ・Development of simulation content for disaster preparedness, healthcare, education and training ・Planning and development of XR experiences in the entertainment field ・Development of interactive content and applications

Location Minato-ku, Tokyo

Consideration and expenses

Acquisition price¥350 million (additional investment amount)

Impact on Business Performance

The impact of this transaction on the Company's consolidated results and other financial results is immaterial.

This transaction
Item	Details
Transaction name	NeoRealX Becoming a Subsidiary and Additional Investment
Name of the Subject Company	株式会社NeoRealX
Business Description of the Subject Company	・Planning and production of XR (VR/AR/MR) content ・Production of experiential content and experiential spaces ・Provision of XR solutions for regional revitalization and tourism ・Development of simulation content for disaster preparedness, healthcare, education and training ・Planning and development of XR experiences in the entertainment field ・Development of interactive content and applications
Location of the Subject Company	Minato-ku, Tokyo
Acquisition price	¥350 million (additional investment amount)
Impact on Business Performance	The impact of this transaction on the Company's consolidated results and other financial results is immaterial.

Items this document does not state (26)

Counterparty nameCapital Stock of the Subject CompanyDate 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 CompanyExpenses 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)Date 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 purpose is to strengthen initiatives in the XR field, where market growth is expected, and expand the business by providing new experiential value through XR content based on NeoRealX's technological capabilities and proposal capabilities.

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.