Announced a partial change regarding the scheduled commencement of the tender offer. Maintains policy to raise the offer price to 3,597 yen (3,720 yen if a non-tender agreement is concluded). There is a possibility of setting the price at 3,720 yen only if certain conditions are met. All regulatory clearances have been completed; the start date is undecided but currently expected in mid-November. Considering the proposal history of Kamgras 1 and market trends, the timing of the target\u2019s recommendation and the recommendation to shareholders are being carefully considered.<\/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,"price_fetched_at":"","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":"4689","jir_company_name":"LY Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4689-20261026-01.pdf","jir_short_summary":"Announced a partial change regarding the scheduled commencement of the tender offer. Maintains policy to raise the offer price to 3,597 yen (3,720 yen if a non-tender agreement is concluded). There is a possibility of setting the price at 3,720 yen only if certain conditions are met. All regulatory clearances have been completed; the start date is undecided but currently expected in mid-November. Considering the proposal history of Kamgras 1 and market trends, the timing of the target\u2019s recommendation and the recommendation to shareholders are being carefully considered.","jir_summary":"### Overview of the TOB and Pricing\nThis partial change concerns the notice on the scheduled commencement of a tender offer under the Financial Instruments and Exchange Act by BCPE Blitz Cayman, L.P., in which LY Corporation indirectly holds an interest, for ordinary shares and subscription rights to acquire shares of Kakaku.com, Inc. The offer price had been set at 3,597 yen, and it was planned to be 3,720 yen if a non-tender agreement with KDDI could be concluded; however, the policy is now to set the price at 3,700 yen even if such an agreement with KDDI is not concluded. All regulatory clearances have been completed, and the offer is planned to commence promptly once the target\u2019s favorable opinion and a recommendation to shareholders to tender are obtained. The offer period has been prolonged, and the start date is undecided.\n\n### Target-Side and Market Developments and Outlook\nGiven Kamgras 1\u2019s past offer price increases and policy to raise the price, the bidder is setting 3,700 yen as the base price. The final commencement timing is expected to be determined depending on the target\u2019s special committee\u2019s decisions and approvals as well as the status of clearances. Taking into account Kamgras 1\u2019s actions and the impact on market share prices, the feasibility of obtaining the target shareholders\u2019 favorable opinion and a recommendation to tender will be the focus.","jir_financial_highlights":"Offer Price (Base): 3,700 yen (Adjustment upward based on assumptions (3,597 yen \u2192 3,700 yen; 3,720 yen if KDDI does not tender))\nOffer Price (If Non-Tender Agreement Concluded): 3,720 yen (Special case when a non-tender agreement is concluded with KDDI)\nExtended Offer Period: 115 business days (Extension ongoing)","jir_category":"","jir_hashtags":"#LYCorporation, #TenderOffer, #Kakakucom","jir_key_figures":"Offer Price: 3,700 yen (3,720 yen under non-tender agreement conditions)\nKamgras 1 Offer Price History: 3,520 yen \u2192 3,680 yen \u2192 currently equivalent to 3,682 yen (see progress information)\nOffer Period: approx. 115 business days\nClearances: All completed","jir_meta_title":"LY Corporation: Partial Change to Scheduled Commencement of Kakaku.com Tender Offer\uff5cOctober 2026","jir_meta_description":"Announced a partial change regarding the tender offer involving LY Corporation for Kakaku.com. Base offer price set at 3,700 yen, 3,720 yen if a non-tender agreement is concluded. All clearances completed; start date undecided.","jir_og_title":"Change to Scheduled Commencement of Kakaku.com TOB by LY Corporation\uff5cOctober 2026","jir_og_description":"Announced a partial change regarding the scheduled commencement of the tender offer. Base offer price set at 3,700 yen. Clearances completed; start date undecided.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6881,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-134300","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n