Komori
Nippon Avionics (6946) · InitiativeAchieved

Tender offer by NAJ Holdings and departure from NEC's consolidated subsidiaries

First written in FY2020-Q1. 2 of 5 entries say "Achieved", first in FY2020. Latest entry: 2026-05-25.

5entries
8years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAchievedFY2020-Q3 – 2026-05-252019: 220192020: 220202021: 020212022: 020222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies
NAJ Holdings’ tender offer, change of parent company and continued listingA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-05-25AchievedGeneral Meetings of Shareholders

    「The Company acquired 603,500 of its own shares from its parent, NAJ ホールディングス株式会社, for a total of ¥1,999 million.」

    The fiscal-year acquisition through the tender offer for treasury shares from NAJ Holdings was confirmed.
  2. FY2020AchievedAnnual report

    「As a result of the tender offer for the Company's shares by NAJホールディングス株式会社, the Company's parent company changed from NEC Corporation to NAJホールディングス株式会社 effective 31 January 2020.」

    The tender offer by NAJホールディングス was completed successfully, and the change in parent company from NEC Corporation to NAJホールディングス was completed effective 31 January 2020.
  3. FY2020-Q3AdvancedAnnual report

    「The tender offer was conducted from 20 December 2019 to 24 January 2020, and the Company received a report from the offeror that it had been completed successfully. As a result, the offeror was expected to acquire all 1,415,100 of the Company's common shares tendered, effective 31 January 2020, the commencement date of settlement, and the Company's parent company was expected to change from NEC Corporation to the offeror.」

    The tender offer by NAJホールディングス was conducted and completed successfully. The acquisition of the 1,415,100 tendered shares and a change in the parent company effective 31 January 2020 were planned, bringing the plan to leave NEC Corporation's consolidated subsidiary group to the stage immediately before settlement.
  4. FY2020-Q2RestatedAnnual report

    「Regarding the tender offer for the Company's common shares, which NAJホールディングス株式会社 announced on 31 July 2019 that it planned to commence, NEC Corporation, as defined in this section and in Part II, Section 3, "Material Contracts Relating to Management," has agreed to tender all of the Company's common shares it holds. Accordingly, if the tender offer is completed, the Company is expected to cease to be a consolidated subsidiary of NEC Corporation.」

    The tender offer by NAJホールディングス was still at the planned commencement stage. The Company reconfirmed the agreement for NEC Corporation to tender all of its common shares and the expectation that the Company would cease to be a consolidated subsidiary of NEC Corporation after completion.
  5. FY2020-Q1First statedAnnual report

    「At a meeting of the Board of Directors held on 31 July 2019, the Company resolved that, if this tender offer commenced, it would express its opinion in support of the tender offer and leave it to the Company's shareholders to decide whether to tender their shares. The offeror reportedly aims to commence the tender offer in mid-December 2019. The maximum number of shares to be purchased is 1,556,500, and the minimum is 1,415,100. ③ Tender offer price: ¥1,100 per common share」

    The Board of Directors resolved a policy of expressing support at the commencement of the tender offer for common shares by NAJホールディングス. The tender offer was targeted to commence in mid-December 2019, at a price of ¥1,100 per share, with a minimum purchase of 1,415,100 shares and a maximum of 1,556,500 shares. The policy was to maintain the listing after completion, and the Company was expected to cease to be a consolidated subsidiary of NEC Corporation.
Moved together

"Improving profitability, early elimination of accumulated losses and resumption of dividend payments" moved the same way as this thread, in the same document, in 3 of its 5 moves.

322★123
  1. ★This thread
  2. 1Improving profitability, early elimination of accumulated losses and resumption of dividend payments3×
  3. 2Improvement in Operating Profit and Net Income Despite Declining Revenue2×
  4. 3Recognition of provisions for future losses on cost-overrun projects2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nippon Avionics's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-25: "Achieved".
News
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