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Other Disclosures8739SPARX Group Co.,Ltd.Financials (excluding banks)

Notice Concerning Changes to the Tender Offer Terms, etc. for the Common Shares of METALART CORPORATION (Securities Code: 5644) by the Japan Manufacturing Future No. 2 Fund

For the tender offer for Metal Art shares, the tender offer price per share was increased from ¥7,600 to ¥7,713, and the minimum number of shares to be purchased was reduced from 867,000 to 849,600. The tender offer period was extended through 28 July 2026, bringing the total period to 52 business days.

Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
113
Increase in the tender offer price per share
Wording
Definitive
How definitive the wording is.

Announced details

Tender offer for common shares of Metal Art Co., Ltd. (Securities Code: 5644)
Launch date15 May 2026 (already commenced). The revised tender offer period runs through 28 July 2026, and the settlement commencement date is scheduled for 4 August 2026.
Relationship between the counterparty and the company
SPARX Group Co.,Ltd.8739
Relationship with the Company

Gerbera holdings株式会社 is wholly owned by the Japan Monozukuri Mirai No. 2 Investment Limited Partnership. The general partner of the fund is スパークス・アセット・トラスト&マネジメント株式会社, a wholly owned subsidiary of the Company.

CounterpartyMETALART CORPORATION (Securities Code: 5644)

A company listed on the Standard Market of the Tokyo Stock Exchange. Total shares issued: 3,157,382; treasury shares: 294,742 (as of 31 March 2026). Other company information: Not disclosed

Location (as indicated in this announcement)

Planned purchase: 1,825,640 shares; minimum number of shares to be purchased: 849,600 (ownership ratio: 29.68%)

Offering price

¥7,713 per common share (¥7,600 before the change)

The company does not address Contract Value / Impact on Business Performance.

Source (materials cited by the company)

Summary of Financial Results for the Fiscal Year Ended March 2026 [Japanese GAAP] (Consolidated), and the target company's press release

Announced details
ItemDetails
Names of Products / Services CoveredTender offer for common shares of Metal Art Co., Ltd. (Securities Code: 5644)
CounterpartyMETALART CORPORATION (Securities Code: 5644)
Counterparty overviewA company listed on the Standard Market of the Tokyo Stock Exchange. Total shares issued: 3,157,382; treasury shares: 294,742 (as of 31 March 2026). Other company information: Not disclosed
Relationship with the CompanyGerbera holdings株式会社 is wholly owned by the Japan Monozukuri Mirai No. 2 Investment Limited Partnership. The general partner of the fund is スパークス・アセット・トラスト&マネジメント株式会社, a wholly owned subsidiary of the Company.
Offering price¥7,713 per common share (¥7,600 before the change)
Launch date15 May 2026 (already commenced). The revised tender offer period runs through 28 July 2026, and the settlement commencement date is scheduled for 4 August 2026.
Location scalePlanned purchase: 1,825,640 shares; minimum number of shares to be purchased: 849,600 (ownership ratio: 29.68%)
SourceSummary of Financial Results for the Fiscal Year Ended March 2026 [Japanese GAAP] (Consolidated), and the target company's press release
Items this document does not state (10)
Contract ValueContract DateApplicable areaAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationQuantitative EffectsUsage historyImpact on Business Performance

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.

Based on the status of shareholder tenders, market trading conditions and the outlook for future tenders, to increase the likelihood of completing the tender offer and provide shareholders with a better opportunity to sell and more time to consider their decision.

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.
Notice Concerning Changes to the Tender Offer Terms, etc. for the Common Shares of METALART CORPORATION (Securities Code: 5644) by the Japan Manufacturing Future No. 2 Fund | SPARX Group Co.,Ltd. (8739) timely disclosure | Komori