Tohoku Shinsha Ltd. resolved to acquire 19,589,900 shares of graniph Inc. as of the scheduled date April 30, 2026, to make it a wholly owned subsidiary.<\/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":"2329","jir_company_name":"Tohoku Shinsha Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/2329-20260327-01.pdf","jir_short_summary":"Tohoku Shinsha Ltd. resolved to acquire 19,589,900 shares of graniph Inc. as of the scheduled date April 30, 2026, to make it a wholly owned subsidiary.","jir_summary":"### Overview of the M&A\nAt the board meeting held on March 27, 2026, Tohoku Shinsha Ltd. resolved to acquire all issued shares of graniph Inc., making it a wholly owned subsidiary. graniph Inc. is a company engaged in planning and sales of apparel and lifestyle goods centered on IP merchandising. By integrating the Tohoku Shinsha Group\u2019s video production capabilities with graniph Inc.\u2019s IP development strengths, the companies aim to create synergies and achieve medium- to long-term growth. The acquisition price is undisclosed but was determined based on a fair share price valuation by a third-party institution and exceeds 15% of consolidated net assets.\n\n### Future outlook and impact on shareholders\ngraniph Inc. is scheduled to become a consolidated subsidiary of Tohoku Shinsha as of the acquisition date, April 30, 2026. The impact of this acquisition on consolidated earnings for the fiscal year ending March 2027 is currently under review and will be disclosed promptly if necessary. Leveraging graniph Inc.\u2019s IP deployment capabilities and Tohoku Shinsha\u2019s video production strengths, the companies aim to expand IP awareness, enhance brand value, and establish a new revenue base.","jir_financial_highlights":"Number of shares acquired: 19,589,900 shares (100% acquisition from 0 shares before acquisition)\ngraniph Inc. consolidated net sales (Fiscal year ending June 2025): 13,447 million yen (Year-over-Year increase)\ngraniph Inc. consolidated operating income (Fiscal year ending June 2025): 0 million yen (Year-over-Year improvement)\ngraniph Inc. consolidated net loss (Fiscal year ending June 2025): \u25b3543 million yen (Continued loss)","jir_category":"","jir_hashtags":"#TohokuShinshaLtd, #M&A, #WhollyOwnedSubsidiary, #IPMerchandising, #JapaneseStocks","jir_key_figures":"Number of shares acquired: 19,589,900 shares (100% acquisition leading to wholly owned subsidiary)\ngraniph Inc. consolidated net sales: 13,447 million yen (Fiscal year ending June 2025)\ngraniph Inc. consolidated net loss: \u25b3543 million yen (Fiscal year ending June 2025)","jir_meta_title":"Tohoku Shinsha Ltd. to Acquire 19,589,900 Shares of graniph Inc. and Make it a Wholly Owned Subsidiary","jir_meta_description":"Tohoku Shinsha Ltd. resolved to acquire all shares of graniph Inc. as of April 30, 2026, making it a wholly owned subsidiary. Aiming to create synergies in IP business and achieve medium- to long-term growth.","jir_og_title":"Tohoku Shinsha to Acquire graniph and Make it a Wholly Owned Subsidiary","jir_og_description":"Tohoku Shinsha acquires all shares of graniph, making it a wholly owned subsidiary. Announces growth strategy through integration of IP and video production.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16696,"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-37329","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n