Brother Industries, Ltd.
(Correction) Notice Regarding the Start of Tender Offer for Shares of MUTOH Holdings Co., Ltd. (Securities Code: 7999) Accompanied by the Submission of a Correction to the Tender Offer Notification and Notice of Change to the Tender Offer Start Announcement
Brother Industries, Ltd. started a tender offer for shares of MUTOH Holdings Co., Ltd. on February 5, 2026, and received a non-imposition notice from the Japan Fair Trade Commission regarding exclusion measures. Consequently, they corrected certain items in the tender offer filing and tender offer start announcement, and submitted a correction notification to the Kanto Local Finance Bureau Director.
Key Figures
- Tender Offer Start Date: 2026年2月5日
- Date of Receipt of Notification from Japan Fair Trade Commission: 2026年2月18日
- Target Company Securities Code: 7999
AI要約
Overview of the Tender Offer and Details of the Correction
Based on a board resolution dated February 4, 2026, Brother Industries, Ltd. decided to acquire common shares of MUTOH Holdings Co., Ltd. through a tender offer, which commenced on February 5, 2026. Upon receiving a notice from the Japan Fair Trade Commission indicating no issuance of exclusion orders, corrections were made to certain statements in the tender offer filing and tender offer start announcement. Accordingly, a correction notification was submitted to the Kanto Local Finance Bureau Director in accordance with relevant laws, and the press release and announcement content were amended. The changes did not alter the purchase conditions but mainly involved partial amendments to withdrawal provisions and similar descriptions.
Impact on Investors and Outlook
This correction involves legal amendments to the descriptions related to the conditions and procedures of the tender offer, with no changes to the purchase conditions themselves. The absence of exclusion orders from the Japan Fair Trade Commission signifies clearance of an important prerequisite for executing the tender offer and is considered a positive factor supporting the continuation of the tender offer. Further updates regarding the progress of the tender offer are expected to be disclosed as appropriate.