Japan Resistor Mfg. Co., Ltd.
Notice of Results of Tender Offer by FerroTec Corporation for the Company’s Shares and Change in Parent Company, Major Shareholders and Principal Shareholder
FerroTec Corporation's TOB for the company's shares was successful; the settlement start date is 2026-11-12. As a result of the offer's success, the offeror will acquire a majority of voting rights. The target is expected to become a consolidated subsidiary of the offeror and proceed with delisting procedures.
Key Figures
- Offer Price: 1,901 yen
- Planned Number of Shares to be Purchased: 1,237,203 shares
- Total Number of Tendered Shares: 1,083,273 shares
AI要約
TOB Result and New Parent Company Structure
This notice reports the results of FerroTec Corporation's tender offer for the company's shares. The TOB was successful because the total number of tendered shares exceeded the minimum threshold of the planned purchase. Following completion, the offeror will become the company's parent and major shareholder, and the shareholder composition will change materially as of the settlement start date. Procedures toward delisting the target will proceed, and trading on the listing market is expected to be suspended.
Outlook and Procedures Going Forward
After the settlement start date, the offeror intends to make the target a consolidated subsidiary and carry out procedures toward delisting. Specific timing for these procedures will be determined and disclosed through discussions between the offeror and the target. At present, FerroTec's acquisition of shares has been completed, and any future impacts on business performance will be disclosed as required.
Japan Resistor Mfg. Co., Ltd.
Company overview · Stock price · Financial data · All IR
