#Solasto

Solasto Corporation is undergoing a tender offer by MP-2605 Co., Ltd., led by CEO Toru Noda. The TOB began on 2026-03-24 with an offer price of 1,119 yen. The employee stock ownership association agreed to continue holding shares as of 2026-04-08, with a squeeze-out procedure planned for early August.

MP-2605 Corporation submitted a partial correction to its tender offer notification for ordinary shares of Solasto Corporation, starting March 25, 2026, to the Kanto Finance Bureau Director on April 9, 2026, and amended the contents of the tender offer commencement announcement accordingly.

On April 9, 2026, MP-2605 Inc. announced changes to the conditions of its tender offer for ordinary shares of Solasto Corporation, setting the lower limit of the number of shares to be acquired at 26,115,700 shares.

MP-2605 Co., Ltd. has commenced a tender offer to acquire 58,886,124 common shares of Solasto Corporation at 1,119 yen per share. The offer period is from March 25, 2026 to May 11, 2026.

MP-2605 Inc. will conduct a tender offer for Solasto Corporation's common shares at 1,119 yen per share from March 25, 2026 to May 11, 2026. Scheduled purchase amount is 58,886,124 shares with a lower limit of 28,530,600 shares. The Board of Directors supports this tender offer and recommends tendering.

Revised the dividend forecast for the fiscal year ending March 2026, changing the year-end dividend to 0 yen and deciding on no dividend, reducing the full-year dividend from 11 yen by 11 yen.

As of March 24, 2026, Solasto Corporation acquired 124,100 shares of treasury stock with an acquisition cost of 122,298,891 yen and resolved at the board meeting to suspend the share buyback. The cumulative number of shares acquired is 1,762,500 shares with an acquisition cost of 1,099,953,842 yen.

Acquired 150,200 ordinary shares from February 1 to February 28, 2026, with a total acquisition cost of JPY 139,993,094. The cumulative number of shares acquired is 1,638,400 shares, and the cumulative acquisition cost amounts to JPY 977,654,951.

Consolidated net sales for the third quarter of fiscal 2025 were 105,624 million yen (2.6% increase YoY), operating income was 5,509 million yen (1.9% decrease YoY), and net income attributable to owners of parent was 3,569 million yen (8.4% increase YoY).

FY2025 3rd quarter cumulative revenue was 105.6 billion yen, a 2.6% increase YoY; operating income was 5.86 billion yen, a 1.9% decrease; quarterly net income was 3.569 billion yen, an 8.4% increase YoY.

From January 1 to January 31, 2026, 169,900 ordinary shares were acquired at a total cost of 148,412,894 yen. As of January 31, 2026, the cumulative number of shares repurchased is 1,488,200 shares, with a total acquisition cost of 837,661,857 yen.

Solasto Corporation entered into a contract on January 16, 2026, to spin off its childcare business by a simple absorption-type company split effective April 1, 2026, transferring the business to its 100% owned subsidiary, Solasto Kids Next Inc.