AvAll Data approves a simplified share exchange making Technomass Mathematical a wholly owned subsidiary. Consideration is 690 yen in cash per Technomass Mathematical share, with a plan to delist and a derivative-like arrangement, approved after fairness assessment by an independent committee. Effective date is December 3, 2026, with delisting scheduled for October 1, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6918","jir_company_name":"AvAll Data Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/6918-20260911-01.pdf","jir_short_summary":"AvAll Data approves a simplified share exchange making Technomass Mathematical a wholly owned subsidiary. Consideration is 690 yen in cash per Technomass Mathematical share, with a plan to delist and a derivative-like arrangement, approved after fairness assessment by an independent committee. Effective date is December 3, 2026, with delisting scheduled for October 1, 2026.","jir_summary":"### Key points of this share exchange\nAvAll Data has entered into a share exchange agreement making Technomass Mathematical a wholly owned subsidiary. The consideration is paid in cash at 690 yen to acquire the issued shares of Technomass Mathematical. Since Technomass Mathematical does not meet listing maintenance criteria, delisting is planned for October 1, 2026, even in connection with the share exchange. To ensure fairness, an independent third-party appraisal report, a special committee's recommendation, and independent legal and financial advisers have been established.\n\n### Impact on shareholders and investors and outlook\nBy providing a cash realization opportunity for shareholders, liquidity is preserved. Although funding options may be constrained by delisting, funding is expected to be secured by AvAll Data Group's finances. The future impact on performance is currently uncertain, but as a consolidated effect, synergies are anticipated to support AvAll Data's growth strategy.","jir_financial_highlights":"Valuation range for Technomass Mathematical shares: Market price method: 302 yen \uff5e 374 yen, DCF method: 667 yen \uff5e 824 yen (Disclosed)\nConsideration per share in this share exchange: 690 yen (Determined)\nDelisting date: October 1, 2026 (planned) (Planned)","jir_category":"","jir_hashtags":"#AvAllDataShareExchange, #StrategicAlliance, #OrganizationalRestructuring","jir_key_figures":"690 yen: Consideration for this share exchange (per share)\nMarket price method range: 302 yen \uff5e 374 yen\nDCF method range: 667 yen \uff5e 824 yen","jir_meta_title":"[AvAll Data] Move toward wholly owned subsidiary through share exchange agreement\uff5c2026","jir_meta_description":"Announcement of the share exchange agreement between AvAll Data and Technomass Mathematical. Details include cash consideration of 690 yen per share, delisting date, and fairness measures. Explains potential impact on future performance and synergy opportunities.","jir_og_title":"[AvAll Data] Move toward wholly owned subsidiary through share exchange agreement\uff5c2026","jir_og_description":"AvAll Data announces a share exchange agreement to fully acquire Technomass Mathematical. Details include cash consideration of 690 yen per share, delisting date, and fairness measures such as independent committee recommendations.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58085,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-113157","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n