Nippon Television Holdings, Inc.
Announcement on Acquisition of Shares of KANAMEL Inc. (Subsidiarization)
Nippon Television Holdings will acquire 311,320 shares of KANAMEL Inc. for 37,255 million yen and plans to make it a subsidiary on April 24, 2026.
Key Figures
- Number of Shares Acquired: 311,320 shares (voting rights ownership ratio 100%)
- Acquisition Price: 37,255 million yen (advisory fees etc. undecided)
- KANAMEL Consolidated Net Sales (Fiscal Year Ending December 2025): 78,339 million yen (Year-over-Year increase)
AI要約
Overview of the M&A
Nippon Television Holdings, Inc. resolved at the Board of Directors meeting on March 19, 2026 to acquire 311,320 shares of KANAMEL Inc. for 37,255 million yen, thereby making it a subsidiary. This will increase its voting rights ownership ratio from 22.8% to 100%. KANAMEL holds the top domestic share in the advertising video production market and has produced numerous high-quality contents including award-winning works at the Cannes International Film Festival. This subsidiarization aims to accelerate the transformation into a global content company as outlined in the medium-term management plan 2025-2027.
Future Outlook and Impact
In addition to being one of Japan’s largest advertising production businesses, KANAMEL operates subsidiaries in seven countries worldwide and is promoting business expansion both domestically and internationally. The stock transfer execution date is scheduled for April 24, 2026, subject to the Fair Trade Commission’s review results. The timing for inclusion in the consolidated financial results for the fiscal year ending March 2027 is under consultation with the auditing firm, and the impact on business performance is currently being examined. Any significant matters will be promptly disclosed.
