Agreements reached under this partnership
Capital and Business Alliance- 1
The tender offeror will conduct a tender offer for the common shares of the target company, which is the Company's equity-method affiliate.
- 2
The Company will not tender the target company shares it owns in this tender offer.
- 3
If this tender offer is completed but the tender offeror is unable to acquire all of the target company shares through this tender offer, the target company will consolidate its shares of common stock.
- 4
The tender offeror will provide funds to the target company, and the target company will reduce the amounts of its stated capital and capital reserves.
- 5
The target company will acquire all of the shares owned by 光和 and all of the shares owned by the Company through a share repurchase, and the tender offeror will take the target company private.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
| Item | Details |
|---|---|
| Name of alliance partner | KJ005株式会社 |
| Alliance partner's business activities | Primarily controlling and managing the business activities of TAIYO HOLDINGS CO.,LTD. |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | The tender offeror will conduct a tender offer for the common shares of the target company, which is the Company's equity-method affiliate., The Company will not tender the target company shares it owns in this tender offer., If this tender offer is completed but the tender offeror is unable to acquire all of the target company shares through this tender offer, the target company will consolidate its shares of common stock., The tender offeror will provide funds to the target company, and the target company will reduce the amounts of its stated capital and capital reserves., The target company will acquire all of the shares owned by 光和 and all of the shares owned by the Company through a share repurchase, and the tender offeror will take the target company private. |
| Shareholding Policy | The Company will not tender the target company shares it owns in this tender offer. |
Items this document does not state (18)
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.Because the procedures under competition law in China and the investment regulation laws and regulations in Japan have not yet been completed.