ITOCHU-SHOKUHIN Co., Ltd.
Notice Regarding the Results of the Tender Offer for Our Shares by LLC FMDI, a Subsidiary of the Parent Company Itochu Corporation, and Changes in Other Affiliated Companies and Major Shareholders
Tender offeror LLC FMDI acquired 4,768,910 shares through the TOB conducted until April 9, 2026, resulting in a voting rights holding ratio of 37.59%. Settlement is scheduled to begin on April 16, 2026.
Key Figures
- Number of Shares Acquired: 4,768,910 shares (Tender Offer Application Shares)
- Tender Offer Price: 13,000 yen/share
- Voting Rights Holding Ratio: 37.59% (LLC FMDI's holding ratio post tender offer)
AI要約
Regarding the Results of the Tender Offer
LLC FMDI, a subsidiary of Itochu Corporation, acquired a total of 4,768,910 shares through the tender offer for ordinary shares of Itochu Shokuhin Co., Ltd. conducted from February 26 to April 9, 2026. Since this exceeded the lower limit of the planned purchase of 1,801,900 shares, the tender offer was successfully completed. The offer price was 13,000 yen per share, and the settlement start date is April 16, 2026.
Changes in Other Affiliated Companies and Major Shareholders and Future Outlook
As a result of this tender offer, LLC FMDI increased its voting rights holding ratio in Itochu Shokuhin to 37.59%, becoming a major shareholder. Going forward, Itochu Corporation and LLC FMDI plan to proceed with a squeeze-out procedure to have the tender offeror as the sole shareholder. Accordingly, under the delisting criteria of the Tokyo Stock Exchange, Itochu Shokuhin's shares are expected to be delisted. Specific procedures and implementation timing will be promptly disclosed once decided.
