Tsumura & Co.
Announcement of the Basic Transaction Agreement among Yomeishu Seizo Co., Ltd., Reno Co., Ltd., Yuzawa Co., Ltd., and Our Company for the Privatization and Organizational Restructuring of Yomeishu Seizo Co., Ltd. and Share Acquisition by Our Company, and the Share Transfer Agreement among Reno Co., Ltd., Yuzawa Co., Ltd., and Our Company
Tsumura & Co. has entered into a basic transaction agreement among four companies aiming for the privatization and organizational restructuring of Yomeishu Seizo Co., Ltd., and plans to acquire target shares from Yuzawa Co., Ltd. for 6.8 billion yen.
Key Figures
- Transfer Price: 6.8 billion yen (planned acquisition from Yuzawa)
- Tender Offer Price: 4,050 yen per common share
- Planned Purchase Number: 9,282,257 common shares
AI要約
Overview and Purpose of the Transaction
Tsumura & Co., in collaboration with Reno Co., Ltd. and Yuzawa Co., Ltd., has entered into a basic transaction agreement among four companies aiming for the privatization and organizational restructuring of Yomeishu Seizo Co., Ltd. Shares will be acquired through a tender offer, followed by a squeeze-out procedure based on the established scheme. This will concentrate management resources centered on Yomeishu, the key product of Yomeishu Seizo, to promote business growth.
Future Schedule and Shareholder Structure
The board resolution and contract signing were completed on February 24, 2026. The tender offer will be conducted from February 25 to April 8, 2026. The squeeze-out procedure will involve an extraordinary shareholders meeting in early June 2026, followed by procedures such as bilateral share transfers to Yuzawa and distributions of non-operating assets from July to August. The planned acquisition is 9,282,257 shares at a transfer price of 6.8 billion yen.
