Worth reading
55In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
12163833926
¥Wording
Definitive
How definitive the wording is.This transaction
This tender offerDisclosing companyKYB Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Minato-ku, Tokyo
Consideration and expenses
Acquisition price¥12,163,833,926
Expenses other than the acquisition priceFees payable to the tender offer agent and other related expenses are not included; the amount of these expenses has not been disclosed.
Type of ConsiderationCash
Tender offer price¥4,139 per common share
Tender offer periodFrom 13 February 2026 to 16 March 2026 (21 business days)
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Name of the Subject Company | KYB Corporation |
| Location of the Subject Company | Minato-ku, Tokyo |
| Acquisition price | ¥12,163,833,926 |
| Expenses other than the acquisition price | Fees payable to the tender offer agent and other related expenses are not included; the amount of these expenses has not been disclosed. |
| Type of Consideration | Cash |
| Tender offer price | ¥4,139 per common share |
| Tender offer period | From 13 February 2026 to 16 March 2026 (21 business days) |
| Number of shares acquired | 2,938,834 shares; number of voting rights: Not disclosed |
| Date of board resolution | 12 February 2026 |
| Execution Date / Effective Date | 16 March 2026 (the closing date and final day of the acquisition period) |
Items this document does not state (21)
Counterparty nameBusiness Description 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 CompanyMerger ratio/share exchange ratioMinimum number of shares to be purchasedVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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 reason for conducting this tender offer and acquiring treasury shares is not stated in this document.
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.