GAIA Inc. (154A) said on Sept. 28 it will buy 150 shares, or 75.00%, of independent financial adviser FP Bank from its founder and acquire the remaining 50 shares through a share exchange allotting 56 GAIA shares per FP Bank share, issuing 2,800 new shares to make FP Bank a wholly owned subsidiary.
GAIA, listed on the TOKYO PRO Market and headquartered in Tokyo's Shinjuku ward, is an independent financial adviser (IFA) founded in 2006 that charges fees based on client asset balances rather than relying on commissions from product sales. FP Bank, based in Tokyo's Chuo ward with offices in Nihonbashi and Shinjuku, provides salaried, in-office financial planning consultations and has been shifting from an insurance-centered revenue model toward securities brokerage and fee-based services.
The two firms have worked together since 2024, when FP Bank began brokering, as a financial instruments intermediary, a fund wrap service for which GAIA advises on portfolio holdings. GAIA said forming capital ties with like-minded independent FP offices and IFA firms is part of its growth strategy. Founder Masahiro Kubota will remain FP Bank's representative director.
| Item | Detail |
|---|---|
| Shares purchased | 150 (75.00% of voting rights) |
| Purchase price | Undisclosed (confidentiality) |
| Exchange ratio | 56 GAIA shares per FP Bank share |
| New GAIA shares | 2,800 |
GAIA is buying the 150 shares from Kubota, with whom it said it has no capital, personnel or business relationship requiring disclosure. The share exchange will follow the simplified procedure under Article 796(2) of the Companies Act and does not require approval at a GAIA shareholders' meeting. GAIA said it did not use its market price to value its own shares because of low liquidity on the TOKYO PRO Market, instead calculating market capitalization based on fee assets, a method used among shareholders since before its listing.
The share purchase is scheduled to close on Oct. 23, 2026, and the share exchange is set to take effect on Oct. 31, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
Summaries of public disclosures by Japanese listed companies. Not investment advice; accuracy not guaranteed. Figures and dates in the TDnet originals prevail.
本站內容為日本上市公司公開開示之摘要整理，非投資建議，亦不保證正確。數字與日程以 TDnet 原文為準。
本サイトは日本の上場企業の適時開示を要約したものであり、投資助言ではありません。正確性は保証しません。数値・日程は TDnet の原文が優先します。