Kakaku.com dissolves capital partnership with KDDI
According to ITmedia NEWS, Kakaku.com dissolves its capital partnership with KDDI as of September 28, ending the capital alliance signed in August 2018, while maintaining the existing business alliance. The move follows changes in Kakaku.com’s capital structure due to its ongoing takeover bid and related discussions; KDDI remains a major shareholder with 17.67% (35,016,000 shares), but the dissolution removes the conditions tied to the partnership and the external director is no longer in place. Kakaku.com says the dissolution will have only a minor direct impact on its consolidated results for the year ending March 2025, and data-sharing and other collaboration under the business alliance will continue.
Key facts
- 01Kakaku.com and KDDI terminate the capital partnership agreement dated August 2018 on September 28.
- 02KDDI holds 17.67% of Kakaku.com (35,016,000 shares) and remains a shareholder; partnership-related conditions are ended.
- 03The business alliance remains in place, including data and know-how sharing for new services and media operations.
- 04Kakaku.com expects only a minor direct impact on its consolidated results for the year ending March 2025.
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