Aisin Corporation
Notice Regarding Changes to Tender Offer Conditions for Share Buyback and Changes Related to Share Buyback
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 3,078 yen), and the start of the tender offer was postponed to late February 2026.
Key Figures
- Total Upper Limit of Acquisition Price: 150 billion yen
- Upper Limit of Planned Number of Shares to be Purchased: 23,239,327 shares
- Upper Limit of Purchase Price: 3,078 yen
AI要約
Changes Regarding Share Buyback
Aisin Corporation revised the share buyback details approved by the Board of Directors on April 25, 2025, increasing the total upper limit of the acquisition price from 120 billion yen to 150 billion yen and extending the acquisition period until April 30, 2026. In addition to market purchases and off-auction transactions for treasury stock (ToSTNeT-3), a tender offer for treasury stock was added as a method of acquisition. The purchase price applies a 10% discount to the lower of either the closing price on the Tokyo Stock Exchange Prime Market or the simple average closing price over the past month, with an upper limit set at 3,078 yen.
Overview of Tender Offer for Treasury Stock and Changes to Purchase Conditions
The tender offer for treasury stock targets 23,239,227 shares (3.07%) owned by Toyota Industries Corporation, with the maximum planned purchase number set at 23,239,327 shares, which includes one additional trading unit (100 shares). The purchase price applies a 10% discount to the lower of either the previous business day's closing price or the simple average closing price over the past month, with the upper limit changed to 3,078 yen. The planned start of the tender offer has been postponed to late February 2026. Approximately 71.5 billion yen in funds are planned to be allocated from internal funds for the purchase. This enables the company to realize treasury stock acquisition as part of additional shareholder returns under its medium-term management plan, without adversely affecting financial soundness.
