【Kaga Electronics】Viewpoints on the Tender Offer and Future Outlook｜July 2026

Policy and Approach Regarding the Tender Offer

Kaga Electronics has announced that it will maintain the purchase price of 1,580 yen for the tender offer for Shinko Shoji's common shares. The purchase period is set until August 3, 2026, with no plans for extension. The targeted shareholders continue to express their support, and the company is encouraging shareholders to participate in the tender offer.

Impact on Shareholders and Future Outlook

This tender offer is being conducted in an environment where the market price of the targeted shares exceeds the purchase price, with Kaga Electronics positioning the purchase price as final. As the end of the purchase period approaches, shareholders need to consider the company's stance and decide whether to participate. Future stock movements and the outcome of the tender offer could influence the company's corporate value and shareholder interests.