Worth reading
69In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
130
USD MWording
Conditional
How definitive the wording is.This transaction
This additional acquisitionCounterpartyApfarm, Commercial Alliance L.P.
Disclosing companySoftBank Corp.
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.
Execution Date / Effective DateScheduled to be completed by the end of October 2026
Consideration and expenses
Acquisition priceUSD 130M
Type of ConsiderationCash
Impact on Business Performance
The change in the scheduled completion date of this additional acquisition is expected to have a minor impact on consolidated results for the current fiscal year.
Procedures and assumptions
Conditions Precedent to ExecutionExecution of the agreements related to the capital increase
Management structure after acquisitionLMWN is already a consolidated subsidiary of LY Corporation.
| Item | Details |
|---|---|
| Transaction name | This additional acquisition |
| Counterparty name | Apfarm, Commercial Alliance L.P. |
| Name of the Subject Company | LINE MAN CORPORATION PTE. LTD. |
| Acquisition price | USD 130M |
| Type of Consideration | Cash |
| Number of shares acquired | 12,428,298 shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | After 64.0% (before not disclosed) |
| Impact on Business Performance | The change in the scheduled completion date of this additional acquisition is expected to have a minor impact on consolidated results for the current fiscal year. |
| Execution Date / Effective Date | Scheduled to be completed by the end of October 2026 |
| Conditions Precedent to Execution | Execution of the agreements related to the capital increase |
| Management structure after acquisition | LMWN is already a consolidated subsidiary of LY Corporation. |
Items this document does not state (21)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital 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 priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract 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.The parties involved are taking time to coordinate toward executing the agreements related to the capital increase.
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.