Results of the tender offer for our shares and other securities by 株式会社西武不動産, and changes in the parent company, largest shareholder among major shareholders and major shareholders
e'grand Co.,Ltd, 株式会社西武不動産, SEIBU HOLDINGS INC., and Eguchi Hisashi (江口 久)
e'grand Co.,Ltd's common shares and the Fifth, Sixth and Seventh Series Stock Acquisition Rights
The total number of shares and other securities tendered met or exceeded the minimum purchase number, resulting in the successful completion of the tender offer
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
株式会社西武不動産: Number and percentage of voting rights: —. SEIBU HOLDINGS INC.: Number and percentage of voting rights: —. Eguchi Hisashi (江口 久): 14,826 voting rights, 24.01% (calculated based on shares and other securities as of 31 March 2026)
株式会社西武不動産: 56,107 voting rights, 90.86%. SEIBU HOLDINGS INC.: 56,107 voting rights held indirectly, 90.86%. Eguchi Hisashi (江口 久): 38 voting rights, 0.06%. All figures are expected following the changes on 25 May 2026.
Related procedures
Tender offer and the resulting changes in the parent company and major shareholders
Tender offer procedures under the Financial Instruments and Exchange Act involving Tokyo Stock Exchange, Inc., the Financial Services Agency and the Kanto Local Finance Bureau
The tender offeror plans to carry out a series of procedures to make the tender offeror the sole shareholder of the company. As a result, the company's shares are expected to be delisted from the Tokyo Stock Exchange Standard Market following the prescribed procedures. The specific procedures and implementation schedule will be announced promptly once determined in consultation with the tender offeror.
Details of the future procedures and implementation schedule will be announced promptly once determined.
| Item | Details |
|---|---|
| Event name | Results of the tender offer for our shares and other securities by 株式会社西武不動産, and changes in the parent company, largest shareholder among major shareholders and major shareholders |
| Date of occurrence | 18 May 2026 (closing date of the tender offer) |
| Date recognized / date notice received | 19 May 2026 (date on which the tender offeror reported the tender offer results) |
| Subject Entity | e'grand Co.,Ltd, 株式会社西武不動産, SEIBU HOLDINGS INC., and Eguchi Hisashi (江口 久) |
| Target Locations / Products | e'grand Co.,Ltd's common shares and the Fifth, Sixth and Seventh Series Stock Acquisition Rights |
| Cause | The total number of shares and other securities tendered met or exceeded the minimum purchase number, resulting in the successful completion of the tender offer |
| Type of litigation or proceeding | Tender offer and the resulting changes in the parent company and major shareholders |
| Court or authority | Tender offer procedures under the Financial Instruments and Exchange Act involving Tokyo Stock Exchange, Inc., the Financial Services Agency and the Kanto Local Finance Bureau |
| Voting rights ownership percentage before the change | 株式会社西武不動産: Number and percentage of voting rights: —. SEIBU HOLDINGS INC.: Number and percentage of voting rights: —. Eguchi Hisashi (江口 久): 14,826 voting rights, 24.01% (calculated based on shares and other securities as of 31 March 2026) |
| Voting rights ownership percentage after the change | 株式会社西武不動産: 56,107 voting rights, 90.86%. SEIBU HOLDINGS INC.: 56,107 voting rights held indirectly, 90.86%. Eguchi Hisashi (江口 久): 38 voting rights, 0.06%. All figures are expected following the changes on 25 May 2026. |
| Outlook | The tender offeror plans to carry out a series of procedures to make the tender offeror the sole shareholder of the company. As a result, the company's shares are expected to be delisted from the Tokyo Stock Exchange Standard Market following the prescribed procedures. The specific procedures and implementation schedule will be announced promptly once determined in consultation with the tender offeror. |
| Planned follow-up disclosure | Details of the future procedures and implementation schedule will be announced promptly once determined. |
Items this document does not state (13)
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 tender offer received applications for 5,610,751 shares, meeting the minimum purchase number of 4,105,200 shares. As a result, the tender offer was successful and all tendered shares and other securities will be acquired.