GREE Holdings, Inc.
Notice Regarding Additional Acquisition of Shares of RINDO Entertainment Co., Ltd. (Making It a Consolidated Subsidiary)
GREE, through REALITY Studios, will additionally acquire shares of RINDO Entertainment and make it a consolidated subsidiary. After the acquisition, it is scheduled to become a consolidated subsidiary; dispatched/seconded personnel including board-level appointments and expanded business support agreements will continue. The acquisition price is undisclosed due to the counterparty being an individual, though it was reasonably determined following a third-party valuation.
Key Figures
- Number of Shares Acquired: 90 shares
- Number of Shares Held After Change: 160 shares
- Voting Rights Ratio: 80.0%
AI要約
Transaction Overview
The Company has decided, through its consolidated subsidiary REALITY Studios, to additionally acquire shares of RINDO Entertainment and make the company a consolidated subsidiary. After the additional acquisition, the number of shares held will be 160 shares (160 voting rights, ownership percentage 80.0%), compared with 70 shares held before the acquisition (70 voting rights, 35.0%). The acquisition price is undisclosed because the counterparty is an individual, although it is stated to be at a level below 15% of the most recent period’s net assets. The price was reasonably determined following a third-party valuation.
Outlook and Impact
RINDO Entertainment is expected to become a consolidated subsidiary from the second quarter of the fiscal year ending June 2027. The impact on full-year consolidated results has been incorporated into the separately announced full-year consolidated earnings forecast revision (upward revision). Expected synergies include expansion of business activities in the male idol domain and enhancement and efficiency improvements in operations through utilization of financial base, back-office functions, and production expertise.
GREE Holdings, Inc.
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