Worth reading
63In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
14162145
SharesWording
Definitive
How definitive the wording is.This transaction
This tender offerCounterpartyＴＣＧ２５１１株式会社, Nippon Dry-Chemical CO.,LTD.
Disclosing companyALSOK CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash
Tender offer price¥3,730 per common share
Minimum number of shares to be purchased13,465,700 shares
Tender offer periodFrom 14 May 2026 to 29 June 2026 (33 business days)
Procedures and assumptions
Conditions Precedent to ExecutionTendering of at least the minimum number of 13,465,700 shares was a condition, and the condition was met as a result.
Management structure after acquisitionThere is no change from the details stated in the tender offer registration statement regarding the policy and other matters following this public tender offer.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | ＴＣＧ２５１１株式会社, Nippon Dry-Chemical CO.,LTD. |
| Name of the Subject Company | Nippon Dry-Chemical CO.,LTD. |
| Type of Consideration | Cash |
| Tender offer price | ¥3,730 per common share |
| Minimum number of shares to be purchased | 13,465,700 shares |
| Tender offer period | From 14 May 2026 to 29 June 2026 (33 business days) |
| Number of shares acquired | 14,162,145 shares; 141,621 voting rights |
| Voting rights ownership percentage | Before 16.41% (specially related parties) → after 52.81% (tender offeror); 16.41% (specially related parties) |
| Date of board resolution | 13 May 2026 |
| Execution Date / Effective Date | 6 July 2026 (settlement start date) |
| Conditions Precedent to Execution | Tendering of at least the minimum number of 13,465,700 shares was a condition, and the condition was met as a result. |
| Management structure after acquisition | There is no change from the details stated in the tender offer registration statement regarding the policy and other matters following this public tender offer. |
Items this document does not state (19)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This disclosure announces the results of the public tender offer. The reason for carrying out the transaction is not explained in this document.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.