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How definitive the wording is.This transaction
This tender offerCounterpartyKAGA ELECTRONICS CO.,LTD.
Disclosing companyKAGA ELECTRONICS CO.,LTD.
Date of board resolution15 May 2026 (the target company's board of directors)
Consideration and expenses
Acquisition price¥1,580 per share. Total amount: Not disclosed
Type of ConsiderationCash
Tender offer price¥1,580 per common share
Tender offer period18 May 2026 to 14 July 2026
Impact on Business Performance
Currently under review. If any matters requiring disclosure arise after the tender offer is completed, they will be disclosed promptly.
Procedures and assumptions
Valuation methodologyValuation based on a share valuation report. Specific valuation methodology: Not disclosed
Independent valuation institutionDeloitte Tohmatsu LLC
Management structure after acquisitionOther than the transaction's objective of making the target company a wholly owned subsidiary of the company, Not disclosed
answersnot_in_layer2
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | KAGA ELECTRONICS CO.,LTD. |
| Name of the Subject Company | Shinko Shoji Co.,Ltd. |
| Acquisition price | ¥1,580 per share. Total amount: Not disclosed |
| Type of Consideration | Cash |
| Tender offer price | ¥1,580 per common share |
| Tender offer period | 18 May 2026 to 14 July 2026 |
| Impact on Business Performance | Currently under review. If any matters requiring disclosure arise after the tender offer is completed, they will be disclosed promptly. |
| Date of board resolution | 15 May 2026 (the target company's board of directors) |
| Valuation methodology | Valuation based on a share valuation report. Specific valuation methodology: Not disclosed |
| Independent valuation institution | Deloitte Tohmatsu LLC |
| Management structure after acquisition | Other than the transaction's objective of making the target company a wholly owned subsidiary of the company, Not disclosed |
| answers | not_in_layer2 |
Items this document does not state (20)
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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioMinimum number of shares to be purchasedNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateSpecial CommitteeConditions Precedent to Execution
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 price of ¥1,580 was determined based on a share valuation report prepared by an independent third-party valuation institution and negotiations with the target company. The company believes that the price appropriately reflects the target company's value and provides shareholders with a reasonable opportunity to sell their shares.
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