Sony Group Corporation
Notice of Completion of Additional Acquisition of Interest in Peanuts Holdings LLC by Sony Music Entertainment and Sony Pictures Entertainment
Sony Music Entertainment and Sony Pictures Entertainment have acquired an additional approx. 41% interest in Peanuts Holdings LLC for about JPY 72 billion, increasing their total interest to 80%, making it a consolidated subsidiary.
Key Figures
- Acquisition Amount: Approx. CAD 630 million (approx. JPY 72 billion)
- Interest Ratio: 80% (additional approx. 41% acquired on top of existing 39%)
- Estimated Revaluation Gain: JPY 45 billion (incorporated into fiscal 2025 full-year consolidated earnings guidance)
AI要約
Overview of Additional Acquisition
Sony Music Entertainment (SMEJ) and Sony Pictures Entertainment Inc. (SPE) acquired an additional approx. 41% interest in Peanuts Holdings LLC from Canada's WildBrain Ltd. based on a definitive agreement signed on December 19, 2025. The acquisition amount was approximately CAD 630 million (approx. JPY 72 billion), raising SMEJ and SPE’s total interest to 80% and making Peanuts Holdings LLC a consolidated subsidiary of SMEJ.
Outlook and Impact
Following the completion of this transaction, SMEJ is expected to record a revaluation gain based on the fair value of its existing approx. 39% interest in Peanuts as operating income in the fourth quarter of fiscal 2025. The estimated revaluation gain of JPY 45 billion has already been incorporated into the full-year consolidated earnings guidance for fiscal 2025; however, the definitive amount remains under review. Peanuts Worldwide LLC will continue to manage the intellectual property and business operations of the Peanuts brand, aiming for long-term business expansion.
