Support for AEON’s Two-Stage Tender Offer and Plans to Maintain the Listing
First written in FY2021-Q3. 3 of 6 entries say "Cited as achieved", first in FY2022-Q1. Latest entry: 2026-06-29.
No other company in this theme has enough history to compare yet.
- FY2022-Q3Cited as achievedAnnual report
「Because AEON CO., LTD. acquired 5,961,844 of our shares, representing 37.32% of voting rights, and 100% of the voting rights of ケイコーポレーション, representing 13.81% of voting rights, it became our parent company as of 5 January 2022.」
The explanation of the business describes again how AEON became the parent company on 5 January 2022 and the voting-rights ownership ratios of AEON and ケイコーポレーション. - FY2022-Q1Cited as achievedAnnual report
「The Group also became a subsidiary of AEON CO., LTD. on 5 January 2022,」
The explanation of operating results also cited the fact that the Company became a subsidiary of AEON on 5 January 2022 as a result of AEON’s tender offer completed in the previous fiscal year. - FY2021AchievedAnnual report
「As a result of this tender offer, on 5 January 2022, the Tender Offeror, which had been another affiliated company of ours, became our parent company, the settlement of this tender offer having commenced on that date.」
AEON’s tender offer was completed, and AEON became the parent company on 5 January 2022. AEON and ケイコーポレーション together held 51.16% of the voting rights, and a policy of maintaining the listing was also stated. - FY2021-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 14 October 2021, we resolved to express our support for the tender offer by AEON CO., LTD. (the “Tender Offeror”) for our common shares (the “Company Shares”), with 15 October 2021 as the first day of the tender offer period (the “First Tender Offer”), and to remain neutral as to whether shareholders should tender their shares in the First Tender Offer, leaving the decision to our shareholders, because although the First Tender Offer price per share (the “First Tender Offer Price”) was considered reasonable, the listing of the Company Shares was expected to be maintained after the two tender offers in this matter (defined below).」
The Board of Directors resolved to support AEON’s First Tender Offer while remaining neutral on whether shareholders should tender their shares. The First Tender Offer Price was ¥2,700 per share, and a Second Tender Offer at ¥2,300 per share was scheduled to commence after completion. The listing was expected to be maintained after both tender offers.