Tender offer by Daiseki Co.,Ltd. and going private
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「We recorded ¥114.113 million in related expenses associated with the unsuccessful tender offer for the Company Shares by Daiseki Co.,Ltd. and ¥8.631 million in impairment losses as extraordinary losses.」
The tender offer by Daiseki Co.,Ltd. remained unsuccessful, and ¥114.113 million in related expenses was recorded as an extraordinary loss in the consolidated income statement for the fiscal year. - FY2025-H1Tender offer unsuccessfulAnnual report
「As stated in the “Notice Regarding the Results of the Tender Offer for the Company Shares by Daiseki Co.,Ltd.” announced on 13 February 2025, the tender offer for the Company Shares by Daiseki Co.,Ltd. was unsuccessful.」
The filing states that the tender offer by Daiseki Co.,Ltd., which the Board of Directors had resolved to support and recommend to shareholders in the previous filing, was unsuccessful according to the results announced on 13 February 2025. Related expenses of ¥114.113 million were recorded as an extraordinary loss. - FY2024First statedAnnual report
「At a meeting of the Board of Directors held on 13 December 2024, we resolved to express our opinion in favor of the tender offer by Daiseki Co.,Ltd. (the “Tender Offeror”) for our common shares (the “Company Shares”) and to recommend that our shareholders tender their shares in the tender offer (the “Tender Offer”).」
The Board of Directors resolved to support the tender offer by Daiseki Co.,Ltd. and recommend that shareholders tender their shares. The tender offer period was from 16 December 2024 to 3 February 2025, the offer price was ¥3,201 per share, and the planned number of shares to be purchased was 1,044,094. The tender offer was intended to result in the Company going private and being delisted through a series of procedures following the tender offer.