DC Advisory advised Yahoo! Japan on the sale of all shares in YJFX to GMO

Background

  • Yahoo Japan Corporation (Yahoo) is a Japanese internet company originally formed as a joint venture between American Yahoo and the Japanese company, SoftBank
  • YJFX Inc. (YJFX) is a company that provides traders with an online trading environment
  • GMO Financial Holdings (GMO) provides online financial services through its subsidiaries, GMO CLICK Securities, FX PRIME by GMO Corporation, GMO Coin etc.

Process

  • DC Advisory (DC) acted as financial advisor to Yahoo, who highly valued DC’s track record from advising previous Yahoo transactions, such as CyberAgent Inc.‘s sale of CyberAgent FX, Inc. (formerly YJFX)
  • DC designed a meticulous negotiation strategy, which led to a maximised price for the shares

Outcome

  • DC carefully considered each player and kept in close yet flexible communications with potential buyers throughout 
  • Despite a challenging Covid-19 environment, DC facilitated a successful outcome for Yahoo! Japan, reaching a deal value of JPY 28,824m
  • YJFX will also award a dividend of JPY 11,000m to Yahoo! Japan before the effective date of the share transfer
Date
Sectors
  • Technology & Software
Deal type
  • M&A Advisory
Deal locations
Japan
Deal team
Executive Director

Disclaimer

For more information, please see our transaction disclaimer

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