Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
10
Business daysWording
Conditional
How definitive the wording is.This transaction
This tender offerCounterparty (target company)Yamadai Corporation
Disclosing companyNice Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash (¥601 per common share)
Tender offer price¥601 per common share
Minimum number of shares to be purchased402,600 shares
Tender offer period2 June 2026 to 28 July 2026 (40 business days)
Procedures and assumptions
Conditions Precedent to ExecutionAfter completion of this tender offer and execution of the parallel purchase
Management structure after acquisitionThe transaction is intended to make the target company a wholly owned subsidiary. If the relevant conditions are not met, a share consolidation and amendments to the Articles of Incorporation are planned. The corporate name, representative and treatment of employees are Not disclosed.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Yamadai Corporation |
| Name of the Subject Company | Yamadai Corporation |
| Type of Consideration | Cash (¥601 per common share) |
| Tender offer price | ¥601 per common share |
| Minimum number of shares to be purchased | 402,600 shares |
| Tender offer period | 2 June 2026 to 28 July 2026 (40 business days) |
| Date of board resolution | 13 July 2026 |
| Execution Date / Effective Date | 4 August 2026 (settlement start date) |
| Conditions Precedent to Execution | After completion of this tender offer and execution of the parallel purchase |
| Management structure after acquisition | The transaction is intended to make the target company a wholly owned subsidiary. If the relevant conditions are not met, a share consolidation and amendments to the Articles of Incorporation are planned. The corporate name, representative and treatment of employees are Not disclosed. |
Items this document does not state (21)
Business Description of the Subject CompanyLocation 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 CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee
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.After comprehensively considering the status of applications by the target company's shareholders and the outlook for further applications, in order to provide shareholders with an additional opportunity to consider whether to tender their shares in this tender offer.
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.