Results of the Tender Offer for the Company's Shares by 株式会社Orsay and Changes in the Parent Company, Major Shareholder and Largest Shareholder among the Major Shareholders
ART VIVANT CO.,LTD., 株式会社Orsay and Maki Hiroyuki (牧寛之)
The number of shares tendered reached at least the minimum purchase amount, resulting in the successful completion of the tender offer
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.
株式会社Orsay: Voting rights and ownership percentage: —. Maki Hiroyuki (牧寛之): 36,546 voting rights, 39.93% (based on the percentage calculated using the reference number of shares as of 30 June 2026)
株式会社Orsay: Direct ownership: 54,662 voting rights, 59.73%, 5,466,270 shares. Shares subject to aggregation: 31,380 voting rights, 34.29%, 3,138,000 shares. Total: 86,042 voting rights, 94.02%, 8,604,270 shares. Maki Hiroyuki (牧寛之): Not applicable
Related procedures
Tender offer and going-private procedures following the tender offer
Tokyo Stock Exchange, Inc.
Procedures are planned to take ART VIVANT CO.,LTD. private, leaving only the tender offeror and Katsu Corporation as shareholders. Following the prescribed procedures, the company is expected to be delisted from the Standard Market of the Tokyo Stock Exchange. The specific procedures and implementation timing will be discussed and determined, and promptly disclosed once decided.
The specific procedures, implementation timing and other details are expected to be promptly disclosed once decided.
| Item | Details |
|---|---|
| Event name | Results of the Tender Offer for the Company's Shares by 株式会社Orsay and Changes in the Parent Company, Major Shareholder and Largest Shareholder among the Major Shareholders |
| Date of occurrence | 25 August 2026 (the closing date of the tender offer) |
| Date recognized / date notice received | 26 August 2026 (the date on which the tender offeror reported the results) |
| Subject Entity | ART VIVANT CO.,LTD., 株式会社Orsay and Maki Hiroyuki (牧寛之) |
| Cause | The number of shares tendered reached at least the minimum purchase amount, resulting in the successful completion of the tender offer |
| Type of litigation or proceeding | Tender offer and going-private procedures following the tender offer |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Voting rights ownership percentage before the change | 株式会社Orsay: Voting rights and ownership percentage: —. Maki Hiroyuki (牧寛之): 36,546 voting rights, 39.93% (based on the percentage calculated using the reference number of shares as of 30 June 2026) |
| Voting rights ownership percentage after the change | 株式会社Orsay: Direct ownership: 54,662 voting rights, 59.73%, 5,466,270 shares. Shares subject to aggregation: 31,380 voting rights, 34.29%, 3,138,000 shares. Total: 86,042 voting rights, 94.02%, 8,604,270 shares. Maki Hiroyuki (牧寛之): Not applicable |
| Outlook | Procedures are planned to take ART VIVANT CO.,LTD. private, leaving only the tender offeror and Katsu Corporation as shareholders. Following the prescribed procedures, the company is expected to be delisted from the Standard Market of the Tokyo Stock Exchange. The specific procedures and implementation timing will be discussed and determined, and promptly disclosed once decided. |
| Planned follow-up disclosure | The specific procedures, implementation timing and other details are expected to be promptly disclosed once decided. |
Items this document does not state (14)
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 number of shares tendered was at least the minimum purchase amount of 3,845,584 shares, and all tendered shares will be acquired. Following settlement, Orsay's voting rights ownership will exceed 50%.