Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
23079969
Shares (planned purchase quantity)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This tender offerCounterparty株式会社ITG-Gホールディングス
Disclosing companyKADOYA SESAME MILLS INCORPORATED
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
Acquisition price¥2,514 per common share (23,079,969 shares to be purchased)
Type of ConsiderationCash
Tender offer price¥2,514 per common share
Minimum number of shares to be purchased13,847,100 shares
Tender offer period15 September 2026 (Tuesday) to 30 October 2026 (Friday) (30 business days)
Procedures and assumptions
Conditions Precedent to ExecutionFollowing the successful completion of this tender offer, approval of the first share consolidation and other matters at the extraordinary general meeting of shareholders (scheduled).
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | 株式会社ITG-Gホールディングス |
| Name of the Subject Company | KADOYA SESAME MILLS INCORPORATED |
| Acquisition price | ¥2,514 per common share (23,079,969 shares to be purchased) |
| Type of Consideration | Cash |
| Tender offer price | ¥2,514 per common share |
| Minimum number of shares to be purchased | 13,847,100 shares |
| Tender offer period | 15 September 2026 (Tuesday) to 30 October 2026 (Friday) (30 business days) |
| Number of shares acquired | 23,079,969 shares to be purchased. Number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 0% → after 66.65% (if the minimum number of shares to be purchased is acquired) |
| Date of board resolution | 14 September 2026 |
| Contract Date | 14 September 2026 |
| Execution Date / Effective Date | 9 November 2026 (Monday) (settlement commencement date). The squeeze-out procedure is scheduled to be implemented after the successful completion of this tender offer. |
| Conditions Precedent to Execution | Following the successful completion of this tender offer, approval of the first share consolidation and other matters at the extraordinary general meeting of shareholders (scheduled). |
Items this document does not state (18)
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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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.The stated objective is to take the target company private and, with Integral providing long-term management and financial support, enhance the target company's corporate value and achieve sustainable growth and development of its business.
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.