Media Do (3678) said on Oct. 6 it revised the signing and execution dates for the transfer of shares and equity interests in a consolidated subsidiary to Oct. 5, 2026, from Sept. 30, after discovering a deficiency in contract procedures.
The revision applies to a Sept. 30 announcement titled "Notice Regarding Change in Consolidated Subsidiary (Transfer of Shares and Equity Interests) and Expected Recording of Extraordinary Income." The company said a deficiency in contract procedures had been found, requiring a change to the agreement signing date, and that no terms of the agreement other than the signing date have been changed.
The board resolution date remains Sept. 30, 2026. The transfer execution date was moved to Oct. 5 along with the signing date. The changes to the schedule in section 5 of the original notice are as follows:
| Item | Before | After |
|---|---|---|
| Board resolution | Sept. 30, 2026 | Sept. 30, 2026 |
| Share and equity interest transfer agreement signed | Sept. 30, 2026 | Oct. 5, 2026 |
| Share and equity interest transfer executed | Sept. 30, 2026 | Oct. 5, 2026 |
The correction notice does not include the name of the subsidiary involved, the transfer price or the amount of extraordinary income.
The notice was issued under the name of Representative Director, President and CEO Yasushi Fujita. Media Do is listed on the Prime Market of the Tokyo Stock Exchange.
| 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 |
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