Planned Commencement of Tender Offer by a Subsidiary
(Yahoo Japan Corporation, Securities Code: 4689)
for Shares of, and Execution of a Capital
and Business Alliance Agreement with, ZOZO, Inc.
(Securities Code: 3092)
September 12, 2019
SoftBank Group Corp.
SoftBank Group Corp. (“SBG”) announces that its subsidiary Yahoo Japan Corporation (Securities Code: 4689, Tokyo Stock Exchange First Section; “Yahoo Japan”) resolved at its board of directors' meeting held on September 12, 2019 to implement a tender offer for the common shares of ZOZO, Inc. (Securities Code: 3092, Tokyo Stock Exchange First Section) pursuant to the Financial Instruments and Exchange Act (Act No. 25 of 1948; as amended), and to execute a capital and business alliance agreement with ZOZO, Inc., as set forth in Attachment.
Outline of Yahoo Japan
|Address||1-3 Kioicho, Chiyoda-ku, Tokyo|
|Name and title of the representative||Kentaro Kawabe
President and CEO
|Nature of business||e-Commerce business
Members Services business
Internet Advertising business
|Common stock||JPY 8,939 million (as of March 31, 2019)|
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