Worth reading
51Recurring
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
405
Hundreds of millions of yenWording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Sale of shares in a consolidated subsidiary (underwritten offering)
発行・処分する株式数
61,500,000 shares (22.4% of total voting rights)
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
From 20 April 2026 to 24 October 2026
Conditions for lifting transfer restrictions
Prior written consent from the joint lead managers
Offering structure
Underwriter / lead underwriter
Daiwa Securities Co., Ltd., Nomura Securities Co., Ltd., and Mizuho Securities Co., Ltd.
Overallotment
13,725,000 shares offered, with an additional acquisition of up to 13,725,000 shares through the greenshoe option
Most recent equity financing
Disclosure dated 10 April 2026 regarding the sale of shares in a consolidated subsidiary. The detailed amount for this new share issuance (a public offering of new shares by GMO Internet) is Not disclosed
Impact on Business Performance
The company is expected to recognize an extraordinary gain of ¥40.5 billion in its non-consolidated financial results. Although capital surplus will change in the consolidated financial results, the impact on consolidated profit or loss will be limited. If the greenshoe option is exercised, an additional extraordinary gain is expected to be recognized.
| Item | Details |
|---|---|
| Type of issuance or disposal | Sale of shares in a consolidated subsidiary (underwritten offering) |
| Number of shares to be issued or disposed of | 61,500,000 shares (22.4% of total voting rights) |
| Transfer restriction period | From 20 April 2026 to 24 October 2026 |
| Conditions for lifting transfer restrictions | Prior written consent from the joint lead managers |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd., Nomura Securities Co., Ltd., and Mizuho Securities Co., Ltd. |
| Overallotment | 13,725,000 shares offered, with an additional acquisition of up to 13,725,000 shares through the greenshoe option |
| Most recent equity financing | Disclosure dated 10 April 2026 regarding the sale of shares in a consolidated subsidiary. The detailed amount for this new share issuance (a public offering of new shares by GMO Internet) is Not disclosed |
| Impact on Business Performance | The company is expected to recognize an extraordinary gain of ¥40.5 billion in its non-consolidated financial results. Although capital surplus will change in the consolidated financial results, the impact on consolidated profit or loss will be limited. If the greenshoe option is exercised, an additional extraordinary gain is expected to be recognized. |
Items this document does not state (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offering
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 determination of the offering price means that an extraordinary gain is expected to arise in the company's non-consolidated results. The company explains that the offering will not change the subsidiary's status as a consolidated subsidiary, so the impact on consolidated profit or loss will be limited.
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.