Ibiden Co.,Ltd.
Notice Regarding Application to Tender Offer and Expected Recording of Extraordinary Profit
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.
Key Figures
- Number of shares applied for: 2,763,000 shares (all shares owned)
- Planned purchase price: 18,800 yen per share (total 51,944 million yen)
- Expected extraordinary profit recording: 44,171 million yen (4Q fiscal year ending March 2026)
AI要約
Summary of Tender Offer Application
Ibiden Co., Ltd. has decided to apply to the tender offer by Toyota Asset Preparation Co., Ltd. for shares of Toyota Industries Corporation. The company plans to sell all 2,763,000 shares it owns at 18,800 yen per share, totaling 51,944 million yen. This action is based on the policy to reduce strategic shareholdings, and since the purchase price exceeds the market price, it is judged to contribute to enhancing corporate value and shareholder interests.
Outlook and Use of Funds
If the tender offer is successful and all shares are sold, Ibiden expects to record an extraordinary profit of 44,171 million yen as gain on sale of investment securities in the consolidated fourth quarter of the fiscal year ending March 2026. The proceeds from the sale will primarily be used for strategic investments aimed at sustainable growth. The tender offer period is scheduled to start on January 15, 2026 and end on February 12, 2026.
