October 17, 2023
NTT DOCOMO Completes Public Tender Offer for INTAGE HOLDINGS Common Stock
TOKYO, JAPAN, October 17, 2023 --- NTT DOCOMO, INC. (DOCOMO), aiming to expand its marketing solutions business, announced today that it has successfully completed its public tender offer, at a total cost of approximately 47.1 billion yen, to acquire 19,621,921 (51.00%) common shares issued by marketing-support company INTAGE HOLDINGS, Inc. (INTAGE HD).
The offer period was from September 7 to October 16, during which DOCOMO offered to acquire more than 15,389,700 shares, or 40.0%, of INTAGE HD's common stock. The number of tendered shares meeting the specified conditions exceed the upper limit of the offer, which is 19,621,900 shares (51.00%), so none or only some of the excess shares will be acquired. For those shares within the limit, the settlement will be carried out using the proportional distribution method specified in Article 27-13(5) of the Act and Article 32 of the Cabinet Order.
The settlement will take place on October 23, after which INTAGE HD will become a subsidiary company of DOCOMO.
Through this public tender offer, DOCOMO will combine its extensive membership base of approximately 96 million,*1 the largest in the Japanese market, with INTAGE HD's expertise in data handling, aiming to enhance the value of this data through improved data collection, aggregation, analysis, visualization, and data mastering. DOCOMO and INTAGE HD will work closely with a variety of companies, including manufacturers, retailers and service providers, helping to make their marketing more consumer-centric and thereby enriching the lives of consumers.
- Number of d POINT CLUB members as of June 2023.
Outline and Result of Public Tender Offer
1. Target company
|Name||INTAGE HOLDINGS, Inc.|
|Head office||INTAGE Akihabara Building, Kanda-Neribeicho 3, Chiyoda-ku, Tokyo, Japan|
|President & CEO||Noriaki Ishizuka|
|Business||Marketing support for consumer goods and services
Marketing support for healthcare
|Capital||2,378.7 million yen (as of June 30, 2023)|
|Stock listing||Prime Market (Code: 4326) of Tokyo Stock Exchange|
|Total issued and outstanding shares||40,426,000 (end June 2023)|
|Relationship between INTAGE HD and DOCOMO||In March 2012, INTAGE HD formed a business alliance with DOCOMO and in April 2012, they founded the joint venture DOCOMO Insight Marketing, Inc.|
|Employees||3,186 (as of end June 2023)|
|Results for year ended June 30, 2022||Sales of 61,387 million yen, operating profit of 3,785 million yen, current profit of 4,073 million yen and net profit of 3,505 million yen|
2. Tender offer period
September 7 to October 16, 2023
3. Stock to be purchased*1
|Share certificates||26,385,107 shares||19,621,921 shares|
4. Tender offer price
2,400 yen per common share
5. Date of settlement
October 23, 2023
- The number of tendered shares meeting the specified conditions exceed the upper limit of the offer, which is 19,621,900 shares (51.00%), so none or only some of the excess shares will be acquired. For those shares within the limit, the settlement will be carried out using the proportional distribution method specified in Article 27-13(5) of the Act and Article 32 of the Cabinet Order.