Nichirei Corporation

2026/01/16 Updated
Market Cap: $2.9B (¥454.0B)
Stock Price: $11.43 (¥1,812)
Exchange Rate: 1 USD = ¥158.48

Notice Regarding the Offering of Shares

Nichirei Corporation resolved at the Board of Directors meeting on January 8, 2026, to offer 16,726,400 shares of its common stock, aiming to restructure the shareholder base and reduce capital costs.

Importance:
Page Updated: January 8, 2026
IR Disclosure Date: January 8, 2026

Key Figures

  • Number of Shares Offered: 16,726,400 shares
  • Number of Shares Offered via Over-Allotment (Maximum): 2,508,900 shares
  • Share Price Determination Period: 2026-01-19 to 2026-01-21

AI要約

Overview of the Share Offering

Nichirei Corporation resolved at the Board of Directors meeting on January 8, 2026, to offer 16,726,400 shares of its common stock. The sellers include multiple financial institutions such as Mizuho Bank, MUFG Bank, and Norinchukin Bank. The offering price will be determined between January 19 and 21, 2026 based on the closing price on the Tokyo Stock Exchange multiplied by a factor ranging from 0.90 to 1.00. The offering will be conducted through underwriting by the underwriters, with Mizuho Securities Co., Ltd. serving as the lead managing underwriter.

Purpose of the Offering and Impact on Shareholder Composition

This offering aims to provide selling opportunities to certain shareholders based on agreements accompanying the review of policy shareholdings, while actively restructuring the shareholder base and improving liquidity. Through this, the company seeks to promote understanding of its long-term management vision "N-FIT 2035" and medium-term management plan "Compass×Growth 2027", as well as to reduce stock price volatility and capital costs via increased holdings by individual investors. A lock-up period restricting sales will be set for 180 days from the share price determination date.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.