Worth reading
77Important
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10486037
Shares (planned purchase quantity)Wording
Conditional
How definitive the wording is.This transaction
This Tender Offer (the Transaction)CounterpartySK-03株式会社
Disclosing companyCE Holdings Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash
Tender offer price¥1,650 per common share
Minimum number of shares to be purchased4,968,300 shares
Tender offer periodFrom 6 August 2026 (Thursday) to 17 September 2026 (Thursday) (30 business days)
Procedures and assumptions
Conditions Precedent to ExecutionCompletion of this tender offer, approval of the resolution concerning the share consolidation at the extraordinary shareholders meeting, and completion of procedures relating to the third-party allotment capital increase, capital reduction and other matters.
Management structure after acquisitionThe disclosure states that, following the investment, in addition to funding from the NIC fund, management support based on experience and expertise in growing Japanese companies will be provided, together with the dispatch of management personnel through the network of 日本企業成長投資.
| Item | Details |
|---|---|
| Transaction name | This Tender Offer (the Transaction) |
| Counterparty name | SK-03株式会社 |
| Name of the Subject Company | CE Holdings Co.,Ltd. |
| Type of Consideration | Cash |
| Tender offer price | ¥1,650 per common share |
| Minimum number of shares to be purchased | 4,968,300 shares |
| Tender offer period | From 6 August 2026 (Thursday) to 17 September 2026 (Thursday) (30 business days) |
| Number of shares acquired | 10,486,037 shares (number of shares scheduled to be purchased); number of voting rights: Not disclosed |
| Date of board resolution | 5 August 2026 |
| Contract Date | 5 August 2026 |
| Execution Date / Effective Date | Settlement will commence on 29 September 2026 (Tuesday). The extraordinary shareholders meeting is expected to be held in mid-November 2026, and the purchase of treasury shares is scheduled to be carried out from mid-January 2027 onward. |
| Conditions Precedent to Execution | Completion of this tender offer, approval of the resolution concerning the share consolidation at the extraordinary shareholders meeting, and completion of procedures relating to the third-party allotment capital increase, capital reduction and other matters. |
| Management structure after acquisition | The disclosure states that, following the investment, in addition to funding from the NIC fund, management support based on experience and expertise in growing Japanese companies will be provided, together with the dispatch of management personnel through the network of 日本企業成長投資. |
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 ratioVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceValuation 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.To carry out a series of transactions, including this tender offer, for the purpose of taking the target company private.
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.