Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
191087116
SharesWording
Conditional
How definitive the wording is.This transaction
This tender offerCounterparty (target company)株式会社豊田自動織機
Disclosing company豊田自動織機
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash
Tender offer price普通株式1株につき20,600円
Minimum number of shares to be purchased126,215,300株
Tender offer period2026年1月15日（木曜日）から2026年3月23日（月曜日）まで（45営業日）
Procedures and assumptions
Management structure after acquisition本公開買付け後、対象者の株主を公開買付者及びトヨタ自動車のみとするため、会社法第180条に基づく株式併合を実施する予定。実施した場合、対象者株式は東京証券取引所及び名古屋証券取引所の上場廃止基準に従い、上場廃止になる。
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | 株式会社豊田自動織機 |
| Name of the Subject Company | 株式会社豊田自動織機 |
| Type of Consideration | Cash |
| Tender offer price | 普通株式1株につき20,600円 |
| Minimum number of shares to be purchased | 126,215,300株 |
| Tender offer period | 2026年1月15日（木曜日）から2026年3月23日（月曜日）まで（45営業日） |
| Number of shares acquired | 191,087,116株、1,910,871個（議決権） |
| Voting rights ownership percentage | Before －％ → after 63.60％ |
| Date of board resolution | 14 January 2026 |
| Execution Date / Effective Date | 30 March 2026 (settlement commencement date) |
| Management structure after acquisition | 本公開買付け後、対象者の株主を公開買付者及びトヨタ自動車のみとするため、会社法第180条に基づく株式併合を実施する予定。実施した場合、対象者株式は東京証券取引所及び名古屋証券取引所の上場廃止基準に従い、上場廃止になる。 |
Items this document does not state (20)
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 ratioFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
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.対象者の株主を公開買付者及びトヨタ自動車のみとし、対象者株式を非公開化するため。
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.