#TenderOffer

The commencement of the tender offer for our shares by MM Holdings Co., Ltd. has been postponed from the initially scheduled early December 2025 and is now expected not to start by January 16, 2026.

Caron Holdings Co., Ltd. announced the extension of the tender offer period for shares of Mandom Corporation from January 20, 2026 to January 29, 2026, and the postponement of the settlement start date to February 5, 2026.

Ibiden Co., Ltd. has decided to apply to the tender offer for 2,763,000 ordinary shares of Toyota Industries Corporation it owns at 18,800 yen per share, totaling 51,944 million yen, and expects to record an extraordinary profit of 44,171 million yen in the fiscal year ending March 2026.

DENSO Corporation has applied for the tender offer on shares of Toyota Industries Corporation, with the planned purchase price increased to 18,800 yen per share (totaling 278.7 billion yen), scheduled to be conducted from January 15 to February 12, 2026, and a special gain expected of 252.4 billion yen.

On January 13, 2026, Mandom Corporation received a legally binding letter of intent from KKR proposing a tender offer at 3,100 yen per share and privatization through a squeeze-out. The Board of Directors resolved to commission a special committee for review.

The tender offer purchase price was raised from 16,300 yen per share to 18,800 yen per share, increasing the planned total sale amount from 107.2 billion yen to 123.6 billion yen. The offer is scheduled to be conducted from January 15 to February 12, 2026.

Raised the total upper limit of the acquisition price for treasury stock from 150 billion yen to 150 billion yen, and extended the acquisition period until April 30, 2026. The purchase price was changed to a 10% discount to the closing price on the Tokyo Stock Exchange or the simple average closing price over the past month (upper limit of...

Toyota Asset Preparation Co., Ltd., established by Toyota Real Estate Co., Ltd., will commence a tender offer for shares of Toyota Industries Corporation on January 15, 2026. The offer price has been raised to ¥18,800 per share, with the Board of Directors expressing support and recommending shareholders to participate.

Toyota Tsusho plans to apply all its held shares of Toyota Industries Corporation to the tender offer starting January 15, 2026. The purchase price was raised to JPY 18,800 per share, with a total sale amount of JPY 287.5 billion and an expected special profit of JPY 251.1 billion.

Toyota Tsusho has raised the maximum purchase price for the share buyback tender offer from 3,054 yen to 5,862 yen, set the number of shares to be purchased at 118,095,502 shares, and postponed the purchase start period to late February 2026.

Toyota Asset Preparation Co., Ltd. will commence a tender offer for shares of Toyota Industries Corporation starting January 15, 2026. The offer price is 18,800 yen per share with a minimum number of shares planned to purchase at 126,215,300 shares (42.01%), totaling approximately 4.2558 trillion yen.

Record date for the extraordinary general meeting of shareholders set for January 28, 2026. Agenda includes share consolidation and amendment of articles of incorporation by the tender offeror, as part of the process aiming for privatization.