Brangista Inc. – Capital and Business Alliance with SBI Holdings, Inc. and SBINM LLC, Disposition of Treasury Shares Through Third-Party Allotment
Nishimura & Asahi advised Brangista Inc. [TSE: 6176], a public relations and digital content company, on a capital business alliance between Brangista, SBI Holdings, Inc. [TSE: 8473], and SBINM LLC (a subsidiary of SBI Holdings). We also advised on a disposition of treasury shares to SBINM through a third-party allotment.
The team was led by partners Masashi Ueda and Keita Yasui.
People
Keita has experience of working in the Financial Services Agency of the Government of Japan as a government official who has been in charge of the revisions of Japan’s Corporate Governance Code and Japan’s Stewardship Code. Furthermore, he has gained practical experience in Fidelity International, which is one of the largest global asset management companies, through engaging with investee companies, in proxy voting, and sustainable investing in the Investment Management Department. He applies this experience to provide legal services on various corporate matters, including corporate governance, sustainability-related matters, M&A transactions, and relationships with shareholders and other stakeholders. He provides tailored advice on the matters by properly considering the interests of multi-stakeholders based on his extensive knowledge and experience in the field. He has also authored numerous books and articles, and he has been a regular speaker at lectures and seminars on practical legal issues. Keita advised on the privatization of Snow Peak Inc. through a management buyout, which was shortlisted for the private equity category of IFLR Asia-Pacific Awards 2025.
Since joining Nishimura & Asahi, Masashi has handled numerous deals relating to capital markets, including global IPO and PO deals, corporate debt transactions, euro convertible bond offerings, samurai bond offerings, listings of foreign companies on the Tokyo Stock Exchange, and third-party allotments. His abundant, practical experience, and prior secondment to a major financial institution, enable him to provide not only tailored legal advice and efficient support for a wide range of projects, but also specialized legal advice relating to the origination of projects with new features or structures. In addition to capital markets practice, Masashi actively represents clients in insurance transactions, including cross-border matters and those related to the Insurance Business Act; he is a member of our insurance team, and also engages in other financial regulation practice.