Notice Regarding the Results of the Tender Offer for the Company's Shares by Its Controlling Shareholders, 株式会社ミツバ and Chubu Electric Power Company,Incorporated, and the Change in Major Shareholders
Ryomo Systems Co., Ltd. (tender offerors: MITSUBA Corporation and Chubu Electric Power Co., Inc.)
Common shares of Ryomo Systems Co., Ltd.
The public tender offer was completed because the total number of tendered shares and other securities, 1,599,686 shares, reached or exceeded the minimum purchase level of 537,260 shares. In addition, because the total number of tendered shares and other securities exceeded 1,003,800 shares, Chubu Electric Power will purchase the remainder.
Related procedures
Tender offer under the Financial Instruments and Exchange Act
Tokyo Stock Exchange (disclosure of the public tender offer results and information concerning the delisting criteria)
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.
5,958 voting rights, 17.03%, and 595,886 shares (the second-largest shareholder; scheduled change dated 15 July 2026)
The tender offerors plan to carry out a series of procedures to make them the only shareholders of Ryomo Systems. As a result, Ryomo Systems shares are expected to be delisted following the prescribed procedures in accordance with the delisting criteria of the Tokyo Stock Exchange. The specific procedures and implementation schedule will be announced promptly once determined following discussions with the tender offerors.
The Company plans to announce promptly once determined the specific procedures to be undertaken and their implementation schedule.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Results of the Tender Offer for the Company's Shares by Its Controlling Shareholders, 株式会社ミツバ and Chubu Electric Power Company,Incorporated, and the Change in Major Shareholders |
| Date of occurrence | 8 July 2026 (public tender offer closing date) / 15 July 2026 (scheduled date of change in major shareholders) |
| Date recognized / date notice received | 9 July 2026 (the date the Company received a report from the tender offerors on the results of the public tender offer) |
| Subject Entity | Ryomo Systems Co., Ltd. (tender offerors: MITSUBA Corporation and Chubu Electric Power Co., Inc.) |
| Target Locations / Products | Common shares of Ryomo Systems Co., Ltd. |
| Cause | The public tender offer was completed because the total number of tendered shares and other securities, 1,599,686 shares, reached or exceeded the minimum purchase level of 537,260 shares. In addition, because the total number of tendered shares and other securities exceeded 1,003,800 shares, Chubu Electric Power will purchase the remainder. |
| Type of litigation or proceeding | Tender offer under the Financial Instruments and Exchange Act |
| Court or authority | Tokyo Stock Exchange (disclosure of the public tender offer results and information concerning the delisting criteria) |
| Voting rights ownership percentage after the change | 5,958 voting rights, 17.03%, and 595,886 shares (the second-largest shareholder; scheduled change dated 15 July 2026) |
| Outlook | The tender offerors plan to carry out a series of procedures to make them the only shareholders of Ryomo Systems. As a result, Ryomo Systems shares are expected to be delisted following the prescribed procedures in accordance with the delisting criteria of the Tokyo Stock Exchange. The specific procedures and implementation schedule will be announced promptly once determined following discussions with the tender offerors. |
| Planned follow-up disclosure | The Company plans to announce promptly once determined the specific procedures to be undertaken and their implementation schedule. |
Items this document does not state (14)
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 public tender offer was completed because the number of tendered shares reached or exceeded the minimum purchase level of 537,260 shares. Chubu Electric Power will qualify as a major shareholder because its voting rights ownership ratio will be at least 10%. The tender offerors also plan ultimately to make the two companies the only shareholders of Ryomo Systems.