Worth reading
30Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.This transaction
This tender offerCounterparty (target company)Shinko Shoji Co.,Ltd.
Disclosing companyKAGA ELECTRONICS CO.,LTD.
Consideration and expenses
Tender offer price¥1,580 per share of the target company
Tender offer periodFrom 18 May 2026 to 3 August 2026
Procedures and assumptions
Conditions Precedent to ExecutionWhere required by law
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Shinko Shoji Co.,Ltd. |
| Name of the Subject Company | Shinko Shoji Co.,Ltd. |
| Tender offer price | ¥1,580 per share of the target company |
| Tender offer period | From 18 May 2026 to 3 August 2026 |
| Conditions Precedent to Execution | Where required by law |
Items this document does not state (26)
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 priceType of ConsiderationMerger ratio/share exchange ratioMinimum number of shares to be purchasedNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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.In light of the market price of the target company's shares having temporarily traded above the tender offer price of ¥1,580, it has determined that the tender offer price gives sufficient consideration to the interests of the target company's general shareholders and is both the maximum price that it can offer and its final price.
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.