Makino Milling Machine Co., Ltd.
(Progress of Disclosure) Notice on the Progress of the Tender Offer by MM Holdings Co., Ltd. for Our Company’s Shares
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.
Key Figures
- Postponement of Scheduled Tender Offer Start Date: Expected not to start by January 16, 2026 instead of early December 2025
- Expected Clearance Acquisition under US Investment Regulations: By early March 2026
- Expected Clearance Acquisition under Japanese Investment Regulations: By mid-February 2026
AI要約
Progress of the Tender Offer
The tender offer by MM Holdings Co., Ltd. for our shares has been delayed from the initially planned start in early December 2025 due to delays in obtaining clearances under domestic and foreign competition laws and investment regulations. Clearance has already been obtained in Italy and France, but clearances in the United States, China, and Japan are expected to complete by early 2026. Accordingly, the tender offer is not expected to commence by January 16, 2026.
Future Outlook and Contract Status
The tender offer agreement has not been terminated and remains valid. The offeror continues to pursue clearance acquisition and plans to start the tender offer as soon as conditions are met. It is clearly stated that timely disclosures will be made to shareholders and stakeholders should there be any progress or significant developments.
