Wakachiku Construction Co., Ltd.
Notice Regarding the Conclusion of Capital and Business Alliance Agreement with Aso Corporation and ACVE Holdings LLC
Wakachiku Kensetsu Co., Ltd. has concluded a capital and business alliance agreement with Aso Corporation and ACVE Holdings LLC. The Aso Group is expected to hold 51.05% of the company’s shares. The tender offer is scheduled to begin on February 13, 2026.
Key Figures
- Aso’s ownership ratio of our shares: 42.63% (as of February 12, 2026)
- Aso and related parties’ ownership ratio of our shares (after tender offer completion): 51.05% (planned)
- Tender offer period: February 13, 2026 to March 13, 2026 (planned)
AI要約
Overview of Capital and Business Alliance
Wakachiku Kensetsu Co., Ltd. has entered into a capital and business alliance agreement with Aso Corporation and ACVE Holdings LLC. The Aso Group aims to acquire a majority stake in our company’s shares and make us a consolidated subsidiary. Through this alliance, we intend to expand business domains and strengthen competitiveness by leveraging the strengths of both companies, aiming for sustainable growth and enhancement of corporate value. The tender offer is scheduled to commence on February 13, 2026. While our company has expressed support for the alliance, the decision to participate in the tender offer is left to the discretion of our shareholders.
Outlook and Governance
The short-term business impact from this capital and business alliance is expected to be minimal, however, it is anticipated to contribute to enhancing corporate value in the mid- to long-term. The Aso Group respects the independence of our management and has confirmed the intention to maintain listing on the Tokyo Stock Exchange Prime Market. Governance cooperation structures such as nominating director candidates and dispatching observers will be established.
