Minkabu forms capital and business alliance with NTT Data, to sell Livedoor to SBI

M&A · PartnershipCorporate Action
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Summary · why it matters

Minkabu The Infonoid announced on the 17th that it will form a capital and business alliance with NTT Data and sign a three-party business partnership agreement with NTT Data and SBI Holdings. Minkabu shareholders will sell their shares to NTT Data, giving NTT Data more than 16% of Minkabu's voting rights. Meanwhile, Minkabu will sell all shares in its consolidated subsidiary Livedoor to SBI Holdings, using the gain to fully repay the group's borrowings, and will record about 3 billion yen as an extraordinary profit in its consolidated results for the fiscal year ending March 2027. SBI will become Minkabu's second-largest shareholder after NTT Data, holding just over 8% of its voting rights. Through the alliance, the three companies aim to combine the customer bases and financial business expertise of NTT Data and the SBI Group with Minkabu's financial data content and its touchpoints with individual investors to create and roll out new financial services.

Impact on stocks 2

Communication Services · 1 stocks
MINKABU THE INFONOID, Inc.
4436
▲ PositiveCapitalrelevance

Minkabu forms capital/business alliance with NTT Data and SBI, sells Livedoor for a ~3 billion yen extraordinary profit and repays group borrowings.

Digital Finance & Tokenization · 1 stocks
SBI Holdings Incorporated
8473
▲ PositiveCapitalrelevance

SBI Holdings acquires all Livedoor shares from Minkabu and becomes Minkabu's second-largest shareholder in a three-party partnership.

Off-coverage companies 1

LivedoorPrivate± Mixed
Capitalrelevance

Livedoor is being sold by Minkabu to SBI Holdings; the article gives no standalone impact on Livedoor itself.