Results of the tender offer for the Company's shares by Luxshare Precision Cayman Limited and changes in major shareholders and other affiliated companies
SEED CO.,LTD., Luxshare Precision Cayman Limited, Luxshare Precision Limited, Luxshare Precision Industry Co., Ltd.
Common shares of SEED CO.,LTD.
Because the 13,102,594 shares of the Company tendered represented at least the minimum tender offer amount of 5,408,800 shares, and the tender offer was therefore successful
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.
Luxshare Precision Cayman Limited: not applicable for either the number of voting rights or the voting rights ownership ratio
131,025 voting rights, 43.29%, and 13,102,594 shares held. The basis is the number of voting rights calculated from the total number of shares issued and the number of treasury shares as of 30 June 2026.
Related procedures
Tender offer and settlement procedures
Tokyo Stock Exchange and authorities involved in tender offers under the Financial Instruments and Exchange Act
A series of procedures is planned to make the offeror and Arai Ryuji (新井隆二) the only shareholders. As a result, the Company is expected to be delisted through the prescribed procedures in accordance with the Tokyo Stock Exchange's delisting criteria. The specific procedures and timing will be announced promptly once decided following discussions with the offeror.
The specific procedures, implementation timing and other details will be announced promptly once decided.
| Item | Details |
|---|---|
| Event name | Results of the tender offer for the Company's shares by Luxshare Precision Cayman Limited and changes in major shareholders and other affiliated companies |
| Date of occurrence | 13 October 2026 (the tender offer closing date). The scheduled date for the change to major shareholder and other affiliated company status is 20 October 2026. |
| Date recognized / date notice received | 14 October 2026 (the date on which the Company received a report on the tender offer results from the offeror) |
| Subject Entity | SEED CO.,LTD., Luxshare Precision Cayman Limited, Luxshare Precision Limited, Luxshare Precision Industry Co., Ltd. |
| Target Locations / Products | Common shares of SEED CO.,LTD. |
| Cause | Because the 13,102,594 shares of the Company tendered represented at least the minimum tender offer amount of 5,408,800 shares, and the tender offer was therefore successful |
| Type of litigation or proceeding | Tender offer and settlement procedures |
| Court or authority | Tokyo Stock Exchange and authorities involved in tender offers under the Financial Instruments and Exchange Act |
| Voting rights ownership percentage before the change | Luxshare Precision Cayman Limited: not applicable for either the number of voting rights or the voting rights ownership ratio |
| Voting rights ownership percentage after the change | 131,025 voting rights, 43.29%, and 13,102,594 shares held. The basis is the number of voting rights calculated from the total number of shares issued and the number of treasury shares as of 30 June 2026. |
| Outlook | A series of procedures is planned to make the offeror and Arai Ryuji (新井隆二) the only shareholders. As a result, the Company is expected to be delisted through the prescribed procedures in accordance with the Tokyo Stock Exchange's delisting criteria. The specific procedures and timing will be announced promptly once decided following discussions with the offeror. |
| Planned follow-up disclosure | The specific procedures, implementation timing and other details will be announced promptly once decided. |
Items this document does not state (13)
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 the number of shares tendered was at least the minimum tender offer amount of 5,408,800 shares, the tender offer was successful and all tendered shares will be acquired.