Change (planned) in a major shareholder and the largest shareholder among the major shareholders, and share accumulation as an act prescribed by Cabinet Order as equivalent to a tender offer
KOKUSAI CO.,LTD. (target company), 松本繁興産株式会社 (transferor), 国際興産株式会社 (acquirer)
Shares in KOKUSAI CO.,LTD. (5,210,000 shares)
Because 国際興産株式会社 will acquire all shares in the Company held by 松本繁興産株式会社
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.
松本繁興産株式会社: 52,100 voting rights (5,210,000 shares), 36.69% (as of 31 March 2026). 国際興産株式会社: 0 voting rights (0 shares), 0.00% (as of 31 March 2026)
松本繁興産株式会社: 0 voting rights (0 shares), 0.00% (as of 13 November 2026). 国際興産株式会社: 52,100 voting rights (5,210,000 shares), 36.69% (as of 13 November 2026)
Related procedures
Share accumulation prescribed by Cabinet Order as conduct equivalent to a tender offer
国際興産株式会社 has stated its policy of holding the shares as a stable shareholder over the medium to long term
| Item | Details |
|---|---|
| Event name | Change (planned) in a major shareholder and the largest shareholder among the major shareholders, and share accumulation as an act prescribed by Cabinet Order as equivalent to a tender offer |
| Date of occurrence | 13 November 2026 (scheduled) |
| Date recognized / date notice received | 13 November 2026 |
| Subject Entity | KOKUSAI CO.,LTD. (target company), 松本繁興産株式会社 (transferor), 国際興産株式会社 (acquirer) |
| Target Locations / Products | Shares in KOKUSAI CO.,LTD. (5,210,000 shares) |
| Cause | Because 国際興産株式会社 will acquire all shares in the Company held by 松本繁興産株式会社 |
| Type of litigation or proceeding | Share accumulation prescribed by Cabinet Order as conduct equivalent to a tender offer |
| Voting rights ownership percentage before the change | 松本繁興産株式会社: 52,100 voting rights (5,210,000 shares), 36.69% (as of 31 March 2026). 国際興産株式会社: 0 voting rights (0 shares), 0.00% (as of 31 March 2026) |
| Voting rights ownership percentage after the change | 松本繁興産株式会社: 0 voting rights (0 shares), 0.00% (as of 13 November 2026). 国際興産株式会社: 52,100 voting rights (5,210,000 shares), 36.69% (as of 13 November 2026) |
| Outlook | 国際興産株式会社 has stated its policy of holding the shares as a stable shareholder over the medium to long term |
Items this document does not state (15)
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.Because 国際興産株式会社 will acquire all shares in the Company held by 松本繁興産株式会社. 国際興産株式会社 has stated its policy of holding the shares as a stable shareholder over the medium to long term.