NTT DATA Japan Corporation has agreed to buy 2,392,900 shares of Minkabu The Infonoid off-market at ¥900 each, according to a large-shareholding report filed on 29 September. The report puts its total holding at 2,517,800 shares, or 16.38% of the 15,369,700 shares outstanding on 17 September.
Who sold, and when it settles
The purchase agreements are dated 17 September. The sellers are an individual shareholder (1,627,400 shares), an SBI-named partnership (89,700 shares), the FinTech Business Innovation partnership (646,800 shares) and two other individuals (29,000 shares). Delivery is scheduled for 15 December 2026, or another date the parties agree. The report describes signed share purchase contracts with delivery still scheduled.
NTT DATA lists ¥2.24bn of acquisition funding, all from its own funds.
What the alliance agreement gives NTT DATA
The report states the holding purpose as a capital and business alliance with Minkabu. In an alliance agreement signed the same day, NTT DATA obtained the right to nominate one Minkabu director.
Minkabu also needs NTT DATA's prior consent before it does any of three things: issue shares that dilute holders, form a capital tie-up with a third party that competes with NTT DATA's main business, or form a business alliance with such a party. The share-issuance consent carries two carve-outs: issues of up to 1,536,970 shares and issues meant as incentives for officers and employees. The consent right on rival tie-ups has no exception in the report.
Influence, not control
The report records no important proposals by NTT DATA. It gives one board nomination and a consent list, not a majority position. The filing does not say what the alliance will cover in business terms.