Agreements reached under this partnership
Capital and Business Alliance- 1
Strengthening the content lineup of the U-NEXT video streaming service through the establishment of a joint venture (*)
- 2
Integrating the in-store music service with video distribution capabilities (BGV) operated through the store and facility solutions business, and the commercial karaoke service JOYSOUND, with video content owned by the TBS Group
- 3
Collaborating with the domestic business platform owned by the TBS Group through the use of the broad and diverse customer base of stores and facilities owned by the U-NEXT Group, as well as through the finance, real estate and global businesses, which the Group is seeking to expand as its fourth business pillar
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
Although we believe that this capital and business alliance will contribute to enhancing the Company's corporate value over the medium to long term, we currently recognize that its impact on the Company's consolidated results for the current fiscal year will be immaterial. The specific impact is currently being examined.
| Item | Details |
|---|---|
| Name of alliance partner | TBS Holdings, Inc. |
| Alliance partner's business activities | Media and content, lifestyle, real estate and other businesses |
| Alliance partner's location | Minato-ku, Tokyo |
| Alliance partner's capital | ¥54,986 million |
| Alliance partner's net sales | ¥424,850 million (fiscal year ending March 2026) |
| Alliance partner's operating income | ¥24,750 million (fiscal year ending March 2026) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Strengthening the content lineup of the U-NEXT video streaming service through the establishment of a joint venture (*), Integrating the in-store music service with video distribution capabilities (BGV) operated through the store and facility solutions business, and the commercial karaoke service JOYSOUND, with video content owned by the TBS Group, Collaborating with the domestic business platform owned by the TBS Group through the use of the broad and diverse customer base of stores and facilities owned by the U-NEXT Group, as well as through the finance, real estate and global businesses, which the Group is seeking to expand as its fourth business pillar |
| Number of shares acquired | 11,627,900 shares (6.45% of the total number of issued shares, excluding treasury shares) |
| Acquisition price | ¥19,999,988,000 |
| Dispatch of directors and officers | TBS Television, Inc. is dispatching 1 director to U-NEXT. |
| Date of board resolution | 26 June 2026 |
| Contract Date | 26 June 2026 |
| Share Acquisition Date and Payment Date | 3 July 2026 (scheduled) |
| Impact on Business Performance | Although we believe that this capital and business alliance will contribute to enhancing the Company's corporate value over the medium to long term, we currently recognize that its impact on the Company's consolidated results for the current fiscal year will be immaterial. The specific impact is currently being examined. |
Items this document does not state (8)
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 strengthen the capital and business alliance between the two companies, enhance their ability to create and distribute original content with global competitiveness, and establish a collaborative framework extending beyond the content business.