U-NEXT Holdings Co., Ltd. has entered into a share transfer agreement to acquire 70% of the shares of Exing Inc., a wholly owned subsidiary of Brother Industries, Ltd., and make it a consolidated 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":"9418","jir_company_name":"U-NEXT Holdings Co., Ltd.","jir_importance":"\u26055","jir_publication_date":"2025-12-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2025\/12\/9418-20251224-01.pdf","jir_short_summary":"U-NEXT Holdings Co., Ltd. has entered into a share transfer agreement to acquire 70% of the shares of Exing Inc., a wholly owned subsidiary of Brother Industries, Ltd., and make it a consolidated subsidiary.","jir_summary":"### Overview of the Transaction\nU-NEXT Holdings Co., Ltd. resolved at its Board of Directors meeting on December 24, 2025, to enter into a share transfer agreement to acquire 70% (48,969,000 shares) of the shares of Exing Inc., a wholly owned subsidiary of Brother Industries, Ltd. The acquisition price is a total of 17,750 million yen (estimated amount) including 17,500 million yen for Exing\u2019s common shares plus advisory fees and other costs of 250 million yen. The acquisition method is a direct purchase of shares using own funds. The scheduled share acquisition date is April 1, 2026, subject to change due to regulatory approvals and other factors.\n\n### Purpose and Background of the Transaction\nExing operates mainly in the business-use karaoke sector under the \u201cJOYSOUND\u201d brand, possessing unique technological advantages and high entry barriers. The U-NEXT Group aims to combine Exing\u2019s strengths with its own content distribution service \u201cU-NEXT,\u201d which has over 5 million paying users, as well as its nationwide network of stores and facilities, to create significant synergies across diverse areas such as content expansion, service enhancement, new market development, cross-selling in the night economy market, and service quality improvement, targeting sustainable growth.","jir_financial_highlights":"Transaction Value: 17,750 million yen (Unknown)","jir_category":"M&A\/Alliance, Strategy\/Investment","jir_hashtags":"#U-NEXTHoldings, #M&A, #JapaneseStocks","jir_key_figures":"Transaction Type: Acquisition of shares and consolidation as a subsidiary\nTarget Company: Exing Inc.\nTransaction Value: 17,750 million yen (estimated amount)\nScheduled Completion Date: April 2026\nExpected Synergies: Content expansion, service enhancement, new market development, cross-selling, service quality improvement","jir_meta_title":"U-NEXT Holdings Co., Ltd. Announces Acquisition of Shares of Exing Inc. and Consolidation as Subsidiary","jir_meta_description":"U-NEXT Holdings Co., Ltd. acquires 70% of shares in Exing Inc., a wholly owned subsidiary of Brother Industries, Ltd., and consolidates it. Significant synergies are expected including content expansion and new market development.","jir_og_title":"U-NEXT Holdings Co., Ltd. Announces Share Acquisition of Exing Inc.","jir_og_description":"U-NEXT Holdings Co., Ltd. acquires 70% shares of Exing Inc. and consolidates it as subsidiary. Aiming to create business synergies and sustainable growth.","jir_og_image_url":"\/assets\/og\/company-m-a-alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":8068,"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-8536","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n