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The acquisition price and consideration will be determined in the definitive agreement following due diligence. Due diligence will be conducted. Consideration of financial support and the schedule for the definitive agreement are TBD.","jir_summary":"### Overview of the M&A\nTHE WHY HOW DO COMPANY, Inc. has signed a memorandum of understanding to acquire 102 ordinary shares (51.0% of the total) held by Hanabee's representative director, Motohito Yamamoto, with the objective of making Hanabee a consolidated subsidiary. The acquisition price and consideration will be determined in the definitive agreement based on the results of due diligence. Only parts of the memorandum of understanding are legally binding, and execution of the definitive agreement is subject to board approval.\n\n### Outlook and Impact\nThe schedule for executing the definitive agreement is TBD, and the direct impact on Hanabee\u2019s performance is currently under review. Following completion of due diligence, procedures such as finalizing the definitive agreement and obtaining shareholder approvals are expected to proceed. Even after the acquisition, Hanabee's current management team is expected to continue business operations, and consideration of financial support may be conducted in parallel.","jir_financial_highlights":"Number of shares to be acquired: 102 shares (Voting rights ratio 51.0% (after acquisition))\nHanabee share status: Planned acquisition of 102 shares out of 200 shares (Voting rights ratio 51.0% after acquisition)\nAcquisition price: TBD (Depends on due diligence results)","jir_category":"","jir_hashtags":"#EntertainmentMandA, #Subsidiarization, #DueDiligence","jir_key_figures":"Number of shares to be acquired: 102 shares\nVoting rights ratio: 51.0%\nAcquisition price: TBD","jir_meta_title":"THE WHY HOW DO COMPANY, Inc. \u2014 Memorandum of Understanding for Acquisition of Hanabee Shares | November 2026","jir_meta_description":"THE WHY HOW DO COMPANY, Inc. has signed a memorandum of understanding to acquire shares of Hanabee, aiming to make it a subsidiary. Due diligence will be conducted and the schedule for the definitive agreement is TBD; potential financial support is under discussion.","jir_og_title":"THE WHY HOW DO COMPANY, Inc. \u2014 Memorandum of Understanding Signed to Acquire Hanabee Shares","jir_og_description":"Signed a memorandum of understanding to make Hanabee a subsidiary. Shares to be acquired: 102 shares (51.0% voting rights after acquisition). Definitive agreement timing is TBD pending due diligence.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59501,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-140341","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n