Brother Industries, Ltd.
Notice Regarding the Result of the Tender Offer for Mutoh Holdings Co., Ltd. Shares (Securities Code: 7999) and Change in Subsidiaries (Change in Specified Subsidiaries)
Brother Industries, Ltd. completed a tender offer for 4,039,103 shares of Mutoh Holdings Co., Ltd. (voting rights ownership ratio of 88.01%) totaling approximately 30.82 billion yen, and plans to consolidate the company as a subsidiary on March 30, 2026.
Key Figures
- Number of Shares Acquired: 4,039,103 shares (Voting Rights Ownership Ratio 88.01%)
- Acquisition Price: 30,802 million yen
- Purchase Price: 7,626 yen per share
- Target Consolidated Net Sales (Fiscal Year Ending March 2025): 18,128 million yen
- Target Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 1,373 million yen
AI要約
Regarding the Result of the Tender Offer
Brother Industries, Ltd. conducted a tender offer for ordinary shares of Mutoh Holdings Co., Ltd. from February 5 to March 23, 2026. The total tendered shares amounted to 4,039,103 shares, exceeding the minimum scheduled purchase of 3,042,700 shares, therefore all tendered shares were acquired. The purchase price was 7,626 yen per share, with an acquisition price totaling approximately 30.82 billion yen. As a result, Brother Industries’ voting rights ownership ratio reached 88.01%, and Mutoh Holdings is scheduled to become a consolidated subsidiary and a specified subsidiary as of March 30, 2026.
Change in Subsidiaries and Future Outlook
As a result of this tender offer, Mutoh Holdings Co., Ltd. has become a consolidated subsidiary of Brother Industries and qualifies as a specified subsidiary due to owning 10% or more of the capital. The company’s main business includes development, manufacturing, and sales of information imaging-related equipment and design measuring instruments. Moving forward, Brother Industries plans to proceed with procedures aimed at acquiring all remaining shares and intends to delist from the Tokyo Stock Exchange Standard Market. The impact on earnings guidance is currently under review and will be promptly disclosed if necessary.
Brother Industries, Ltd.
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