Business Brain Showa-Ota Inc.
Notice Regarding Conclusion of Agreement Related to a Tender Offer for an Equity-Method Affiliate (Global Security Experts Co., Ltd.), Planned Change in Equity-Method Affiliate Status, and Expected Recognition of Gain on Sale of Equity-Accounted Investment
Resolved not to tender all held GSX shares into this tender offer and to transfer them to GSX's planned treasury stock acquisition after the tender offer succeeds. Expected gain on sale of equity-accounted investment after the treasury stock acquisition is 17,054 million yen, and consolidated net income attributable to owners of parent is expected to increase by 22,255 million yen. Tender offer period is 2026/11/2-12/15, GSX's treasury stock acquisition is planned for March 2027.
Key Figures
- Gain on sale of equity-accounted investment: 17,054 million yen
- Increase in net income attributable to owners of parent: 22,255 million yen
- Number of GSX shares to be transferred: 6,006,000 shares (same as the planned number of transferred shares)
AI要約
Key Points
In connection with Accenture's tender offer for Global Security Experts Co., Ltd. (GSX), Business Brain Showa-Ota Inc. has decided not to tender its entire holding of 6,006,000 GSX shares into the tender offer and instead to transfer them to GSX's treasury stock acquisition to be conducted after the tender offer is consummated. As a result, GSX is expected to cease to be an equity-method affiliate. The financial impact is expected to include recognition of a gain on sale of the equity-accounted investment of 17,054 million yen, and consolidated net income attributable to owners of parent is expected to increase by 22,255 million yen.
Capital and Use of Funds and Future Outlook
Proceeds obtained will be allocated to medium- to long-term growth investments. While maintaining a shareholder return policy based on a DOE of 5%, the company will consider additional shareholder returns (dividend increases, share buybacks, expansion of shareholder benefits, etc.). Any decisions will be promptly disclosed. The timing of the tender offer's consummation is undecided, and the company will revise guidance if it becomes possible to see the impact on future performance.
Business Brain Showa-Ota Inc.
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