Worth reading
29Immaterial
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Deterioration
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.This transaction
This tender offerCounterpartyMMホールディングス株式会社
Disclosing companyMakino Milling Machine Co.,Ltd.
Contract Date3 June 2025 (tender offer agreement); 30 April 2026 (agreement to terminate)
Execution Date / Effective DateNot executed (no execution date or effective date for the tender offer is stated)
Target company
Manufacture of high-performance machine tools widely used by manufacturers of defense equipment in Japan, as well as the related technologies and information
Procedures and assumptions
Conditions Precedent to Execution対応 to procedures and recommendations by the Minister of Finance and the Minister of Economy, Trade and Industry under the Foreign Exchange and Foreign Trade Act. The two ministers recommended discontinuing this tender offer and the acquisition of these shares, and the tender offeror accepted the recommendation.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | MMホールディングス株式会社 |
| Name of the Subject Company | 株式会社牧野フライス製作所 |
| Business Description of the Subject Company | Manufacture of high-performance machine tools widely used by manufacturers of defense equipment in Japan, as well as the related technologies and information |
| Number of shares acquired | None acquired (the tender offer will not be made) |
| Contract Date | 3 June 2025 (tender offer agreement); 30 April 2026 (agreement to terminate) |
| Execution Date / Effective Date | Not executed (no execution date or effective date for the tender offer is stated) |
| Conditions Precedent to Execution | 対応 to procedures and recommendations by the Minister of Finance and the Minister of Economy, Trade and Industry under the Foreign Exchange and Foreign Trade Act. The two ministers recommended discontinuing this tender offer and the acquisition of these shares, and the tender offeror accepted the recommendation. |
Items this document does not state (24)
Location 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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 Minister of Finance and the Minister of Economy, Trade and Industry recommended that the tender offer and the subsequent acquisition of shares be discontinued on the grounds that the acquisition of shares in the target company constituted inward direct investment, etc. related to national security and other matters. The tender offeror accepted the recommendation.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.