TOKYO, Apr 01 (Pulse News Wire) – Betrend Corporation (4020.T) completed its acquisition of Kinmax Corporation, making it a wholly-owned subsidiary. The move follows an agreement with minority shareholders to acquire additional shares, bringing Kinmax's total equity to 100%.
Kinmax, established in 1991, specializes in television program and video content production and sales. As of March 31, 2026, Kinmax had a capital of ¥50 million. The acquisition aims to streamline decision-making within the group and integrate Kinmax’s content creation capabilities more deeply with Betrend’s resources, enhancing overall enterprise value.
Prior to the acquisition, Betrend held 640 shares (representing 80% of voting rights). With the addition of 160 shares, Betrend now owns 800 shares, holding 100% of the voting rights. Specific details on the transaction price remain undisclosed due to confidentiality agreements.
Looking ahead, Betrend expects minimal impact on consolidated performance but commits to promptly disclosing any significant developments related to the integration process.
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