Digital Garage, Inc.
Notice of Conditions Change for the Tender Offer of the equity-method affiliated company (Kakaku.com, Inc.)
Announces a change in tender offer conditions. Tender offer price raised to 3,570 yen and share repurchase price changed to 2,902 yen. Planned share transfer quantity 40,917,700 shares, total transfer value about 11.87 billion yen, ownership after transfer 0 shares. Acquisition related to Kakaku.com's control. Expected financial impact upon settlement: approximately 38 billion yen in extraordinary gains (non-consolidated) and about 30 billion yen in gains on sale of affiliated company shares (consolidated).
Key Figures
- Transferred shares: 40,917,700 shares
- Transfer value: 11,870,000,000 yen
- This tender offer price: 3,570 yen
- This share repurchase price: 2,902 yen
- Expected extraordinary gains (non-consolidated): about 38 billion yen
- Expected gains on sale of affiliated company stock (consolidated): about 30 billion yen
AI要約
Overview
This release discloses a change in the conditions related to the tender offer of Kakaku.com shares, the equity-method affiliate. It confirms the adjustment of the tender offer price to 3,570 yen and the share repurchase price to 2,902 yen. The planned number of shares to be transferred is 40,917,700, with a total transfer value of about 11.87 billion yen, and ownership after transfer will be 0 shares.
Future financial impact and schedule
If the tender offer succeeds and the transaction is completed within the fiscal year ending March 2027, the company expects to recognize about 38 billion yen of extraordinary gains at the individual (non-consolidated) level and about 30 billion yen of gains on sale of affiliated company stock at the consolidated level. For progress and background, refer to the amended tender offer filing.
Digital Garage Co., Ltd.
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