Results of the Tender Offer for Our Shares by METAWATER Co.,Ltd. and Changes in Major Shareholders and Other Affiliated Companies
SUIDO KIKO KAISHA,LTD.; METAWATER Co.,Ltd.
Common shares of SUIDO KIKO KAISHA,LTD.
The tender offer was successful because the total number of shares tendered was at least the minimum purchase threshold of 669,400 shares.
¥6,046 million, the acquisition price paid by METAWATER Co.,Ltd. under the tender offer, excluding advisory fees and other expenses
The impact on METAWATER Co.,Ltd.'s consolidated results is currently under review. The impact on SUIDO KIKO KAISHA,LTD.'s earnings forecasts is Not disclosed.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
METAWATER Co.,Ltd.: Number of voting rights —; voting rights ownership ratio —%
METAWATER Co.,Ltd.: 14,930 voting rights; 34.80% (1,493,025 shares held)
Related procedures
Tender offer, subsequent procedures for acquiring shares, and delisting procedures
Tokyo Stock Exchange, Inc.
The tender offeror plans to carry out a series of procedures to acquire all shares of the target company, excluding the target company's treasury shares and the shares held by TORAY INDUSTRIES,INC. that are subject to a non-tender agreement. In that case, the shares of SUIDO KIKO are expected to be delisted following the prescribed procedures. The specific procedures and timing will be announced promptly once decided after consultation with the tender offeror.
The specific procedures and timing going forward will be announced promptly once decided. If an event requiring disclosure arises concerning the impact on METAWATER's consolidated results, it will be disclosed promptly.
| Item | Details |
|---|---|
| Event name | Results of the Tender Offer for Our Shares by METAWATER Co.,Ltd. and Changes in Major Shareholders and Other Affiliated Companies |
| Date of occurrence | 24 March 2026 (tender offer closing date). Expected date of the change: 31 March 2026 (the start date of settlement for the tender offer) |
| Date recognized / date notice received | 25 March 2026 (the date on which the tender offeror reported the tender offer results) |
| Subject Entity | SUIDO KIKO KAISHA,LTD.; METAWATER Co.,Ltd. |
| Target Locations / Products | Common shares of SUIDO KIKO KAISHA,LTD. |
| Cause | The tender offer was successful because the total number of shares tendered was at least the minimum purchase threshold of 669,400 shares. |
| Amount of Impact on Business Performance | ¥6,046 million, the acquisition price paid by METAWATER Co.,Ltd. under the tender offer, excluding advisory fees and other expenses |
| Impact on Earnings Forecast | The impact on METAWATER Co.,Ltd.'s consolidated results is currently under review. The impact on SUIDO KIKO KAISHA,LTD.'s earnings forecasts is Not disclosed. |
| Type of litigation or proceeding | Tender offer, subsequent procedures for acquiring shares, and delisting procedures |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Voting rights ownership percentage before the change | METAWATER Co.,Ltd.: Number of voting rights —; voting rights ownership ratio —% |
| Voting rights ownership percentage after the change | METAWATER Co.,Ltd.: 14,930 voting rights; 34.80% (1,493,025 shares held) |
| Outlook | The tender offeror plans to carry out a series of procedures to acquire all shares of the target company, excluding the target company's treasury shares and the shares held by TORAY INDUSTRIES,INC. that are subject to a non-tender agreement. In that case, the shares of SUIDO KIKO are expected to be delisted following the prescribed procedures. The specific procedures and timing will be announced promptly once decided after consultation with the tender offeror. |
| Planned follow-up disclosure | The specific procedures and timing going forward will be announced promptly once decided. If an event requiring disclosure arises concerning the impact on METAWATER's consolidated results, it will be disclosed promptly. |
Items this document does not state (11)
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 tender offer was successful because the 1,493,025 shares tendered exceeded the minimum purchase threshold of 669,400 shares.