View Financial HealthBeat Holdings 배당 및 자사주 매입배당 기준 점검 0/6Beat Holdings 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률-0.7%자사주 매입 수익률총 주주 수익률-0.7%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Dec 12Beat Holdings Limited announced that it expects to receive ¥11.25 million in funding from Cantor Fitzgerald & Co.Beat Holdings Limited announces a private placement with Lee Yi Han and Cantor Fitzgerald & Co to issue 45,000,000 stock acquisition rights at a price of JPY 0.25 per right for gross proceeds of JPY 11,250,000 on December 10, 2025. Lee Yi Han allotted 9,000,000 units at a price of JPY 0.25 per for proceeds of JPY 2,250,000 and Cantor Fitzgerald & Co. was allotted 36,000,000 units at a price of JPY 0.25 per unit for proceeds of JPY 9,000,000.New Risk • Dec 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Revenue is less than US$5m (US$1.5m revenue). Market cap is less than US$100m (JP¥15.5b market cap, or US$99.1m).New Risk • Nov 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Revenue is less than US$5m (US$1.5m revenue).New Risk • Jul 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.3m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$1.5m revenue).Reported Earnings • May 15First quarter 2025 earnings released: US$0.067 loss per share (vs US$0.35 loss in 1Q 2024)First quarter 2025 results: US$0.067 loss per share. Revenue: US$235.0k (down 55% from 1Q 2024). Net loss: US$1.22m (loss widened 45% from 1Q 2024).New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.6m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-US$1.1m). Revenue has declined by 9.2% over the past year. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$2.2m revenue).공시 • Jan 10Beat Holdings Limited (TSE:9399) signed share transfer agreement to acquire 5.64% stake in Beaglee Inc. (TSE:3981) from Lian Yih Hann for approximately ¥630 million.Beat Holdings Limited (TSE:9399) signed share transfer agreement to acquire 5.64% stake in Beaglee Inc. (TSE:3981) from Lian Yih Hann for approximately ¥630 million on January 10, 2025. A cash consideration valued at ¥1785.97 per share will be paid by Beat Holdings Limited for 353,600 shares. The expected completion of the transaction is January 24, 2025.New Risk • Jan 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.6m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$1.1m). Revenue has declined by 9.2% over the past year. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$2.2m revenue).Reported Earnings • Aug 18Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: US$596.0k (down 3.6% from 2Q 2023). Net loss: US$810.0k (loss widened 64% from 2Q 2023).Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, CEO & CFO Joel Chin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.44b (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (218% increase in shares outstanding). Market cap is less than US$10m (JP¥1.44b market cap, or US$9.77m).New Risk • Jun 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 122% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (122% increase in shares outstanding). Market cap is less than US$10m (JP¥671.8m market cap, or US$4.69m).Is New 90 Day High Low • Feb 22New 90-day high: JP¥110The company is up 12% from its price of JP¥98.00 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 2.0% over the same period.Is New 90 Day High Low • Jan 26New 90-day low: JP¥70.00The company is down 32% from its price of JP¥103 on 28 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period.공시 • Sep 19Lie Wan Chie acquired an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others.Lie Wan Chie acquired an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others on January 11, 2017. Post acquisition Lie Wan Chie holds 23.02% stake in Xinhua Holdings Limited. Lie Wan Chie completed the acquisition of an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others on January 11, 2017.공시 • Jul 17Beat Holdings Limited (TSE:9399) agrees to acquire CoinOtaku, Inc. from Midas Investment Limited Partnership Ltd, Akihiko Shimoyama , Yo Masuda Yokohama, Takashi Sekido Machida and Kazushi Kitaya for approximately ¥570 million.Beat Holdings Limited (TSE:9399) entered into an agreement to acquire CoinOtaku, Inc. from Midas Investment Limited Partnership Ltd, Akihiko Shimoyama , Yo Masuda Yokohama, Takashi Sekido Machida and Kazushi Kitaya for approximately ¥570 million on July 9, 2020. Under the terms of consideration, Payment will be made in two tranches. In First tranche, the first payment will be made in cash for acquiring 81,830 shares at price of ¥4,734 per share which represents 67.96% stake in CoinOtaku. Beat will acquire 57,792 shares from Midas, 19, 222 shares from Akihiko Shimoyama, 3,612 shares from Yo Masuda and 1,204 shares from Kazushi Kitaya. One-third of acquisition price will be paid on July 15, 2020 and then next payment will be made after 30 days of first payment and third payment will be made after 30 days of second payment. In Second tranche, it will acquire 38,570 shares in total from Akihiko Shimoyama and Takashi Sekido and the price paid to Akihiko Shimoyama will be made on whichever is higher that is ¥4,734 per share or the amount obtained by multiplying the average operating profit of company from October to December 2020 by 24 times and the net asset value of company as of the end of December 2020, divided by the total number of issued shares Price per unit price, multiplied by the number of shares acquired above. The payment will be made on January 8, 2021 or the day when both parties agrees. Post completion, CoinOtaku, Inc will become wholly owned subsidiary of Beat Holdings Limited. In order to pay the consideration for the acquisition, Beat Holdings will issue new shares by third party allotment and Stock acquisition rights with exercise price modification clause. For Year ended September 31, 2019, CoinOtaku had total assets of ¥134.1 million, Net asset of ¥53.9 million, Operating income as ¥100.9 million, sales of ¥175 million and Net income of ¥71.3 million. Japan FA Systems Corp acted as financial advisor and Atlas Accounting Limited acted as Due diligence provider to Beat Holdings Limited in the transaction.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 9399 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 9399 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Beat Holdings 배당 수익률 vs 시장9399의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (9399)n/a시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.9%업계 평균 (Software)2.1%분석가 예측 (9399) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 9399 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 9399 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 9399 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 9399 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/07 09:20종가2026/06/05 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Beat Holdings Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Dec 12Beat Holdings Limited announced that it expects to receive ¥11.25 million in funding from Cantor Fitzgerald & Co.Beat Holdings Limited announces a private placement with Lee Yi Han and Cantor Fitzgerald & Co to issue 45,000,000 stock acquisition rights at a price of JPY 0.25 per right for gross proceeds of JPY 11,250,000 on December 10, 2025. Lee Yi Han allotted 9,000,000 units at a price of JPY 0.25 per for proceeds of JPY 2,250,000 and Cantor Fitzgerald & Co. was allotted 36,000,000 units at a price of JPY 0.25 per unit for proceeds of JPY 9,000,000.
New Risk • Dec 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Revenue is less than US$5m (US$1.5m revenue). Market cap is less than US$100m (JP¥15.5b market cap, or US$99.1m).
New Risk • Nov 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Revenue is less than US$5m (US$1.5m revenue).
New Risk • Jul 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.3m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue has declined by 33% over the past year. Shareholders have been substantially diluted in the past year (486% increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$1.5m revenue).
Reported Earnings • May 15First quarter 2025 earnings released: US$0.067 loss per share (vs US$0.35 loss in 1Q 2024)First quarter 2025 results: US$0.067 loss per share. Revenue: US$235.0k (down 55% from 1Q 2024). Net loss: US$1.22m (loss widened 45% from 1Q 2024).
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.6m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-US$1.1m). Revenue has declined by 9.2% over the past year. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$2.2m revenue).
공시 • Jan 10Beat Holdings Limited (TSE:9399) signed share transfer agreement to acquire 5.64% stake in Beaglee Inc. (TSE:3981) from Lian Yih Hann for approximately ¥630 million.Beat Holdings Limited (TSE:9399) signed share transfer agreement to acquire 5.64% stake in Beaglee Inc. (TSE:3981) from Lian Yih Hann for approximately ¥630 million on January 10, 2025. A cash consideration valued at ¥1785.97 per share will be paid by Beat Holdings Limited for 353,600 shares. The expected completion of the transaction is January 24, 2025.
New Risk • Jan 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.6m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$1.1m). Revenue has declined by 9.2% over the past year. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$2.2m revenue).
Reported Earnings • Aug 18Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: US$596.0k (down 3.6% from 2Q 2023). Net loss: US$810.0k (loss widened 64% from 2Q 2023).
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, CEO & CFO Joel Chin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.44b (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (218% increase in shares outstanding). Market cap is less than US$10m (JP¥1.44b market cap, or US$9.77m).
New Risk • Jun 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 122% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (122% increase in shares outstanding). Market cap is less than US$10m (JP¥671.8m market cap, or US$4.69m).
Is New 90 Day High Low • Feb 22New 90-day high: JP¥110The company is up 12% from its price of JP¥98.00 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Jan 26New 90-day low: JP¥70.00The company is down 32% from its price of JP¥103 on 28 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period.
공시 • Sep 19Lie Wan Chie acquired an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others.Lie Wan Chie acquired an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others on January 11, 2017. Post acquisition Lie Wan Chie holds 23.02% stake in Xinhua Holdings Limited. Lie Wan Chie completed the acquisition of an additional 16% stake in Xinhua Holdings Limited (TSE:9399) from Esther Mo Pei and others on January 11, 2017.
공시 • Jul 17Beat Holdings Limited (TSE:9399) agrees to acquire CoinOtaku, Inc. from Midas Investment Limited Partnership Ltd, Akihiko Shimoyama , Yo Masuda Yokohama, Takashi Sekido Machida and Kazushi Kitaya for approximately ¥570 million.Beat Holdings Limited (TSE:9399) entered into an agreement to acquire CoinOtaku, Inc. from Midas Investment Limited Partnership Ltd, Akihiko Shimoyama , Yo Masuda Yokohama, Takashi Sekido Machida and Kazushi Kitaya for approximately ¥570 million on July 9, 2020. Under the terms of consideration, Payment will be made in two tranches. In First tranche, the first payment will be made in cash for acquiring 81,830 shares at price of ¥4,734 per share which represents 67.96% stake in CoinOtaku. Beat will acquire 57,792 shares from Midas, 19, 222 shares from Akihiko Shimoyama, 3,612 shares from Yo Masuda and 1,204 shares from Kazushi Kitaya. One-third of acquisition price will be paid on July 15, 2020 and then next payment will be made after 30 days of first payment and third payment will be made after 30 days of second payment. In Second tranche, it will acquire 38,570 shares in total from Akihiko Shimoyama and Takashi Sekido and the price paid to Akihiko Shimoyama will be made on whichever is higher that is ¥4,734 per share or the amount obtained by multiplying the average operating profit of company from October to December 2020 by 24 times and the net asset value of company as of the end of December 2020, divided by the total number of issued shares Price per unit price, multiplied by the number of shares acquired above. The payment will be made on January 8, 2021 or the day when both parties agrees. Post completion, CoinOtaku, Inc will become wholly owned subsidiary of Beat Holdings Limited. In order to pay the consideration for the acquisition, Beat Holdings will issue new shares by third party allotment and Stock acquisition rights with exercise price modification clause. For Year ended September 31, 2019, CoinOtaku had total assets of ¥134.1 million, Net asset of ¥53.9 million, Operating income as ¥100.9 million, sales of ¥175 million and Net income of ¥71.3 million. Japan FA Systems Corp acted as financial advisor and Atlas Accounting Limited acted as Due diligence provider to Beat Holdings Limited in the transaction.