MITSUI E&S Co., Ltd.
Notice Regarding Execution of Agreement Related to Tender Offer for Subsidiary Shares (Kaji Tech Co., Ltd.) and Scheduled Change in Consolidated Subsidiary
MITSUI E&S has executed a tender offer agreement concerning Kaji Tech and plans to sell all shares it owns. After a share consolidation, Kaji Tech is expected to leave the MITSUI E&S Group, and the transfer is expected to be completed via a treasury stock acquisition. The tender offer period is 2026/11/11–12/23, the share consolidation is scheduled for around March 2027, and Kaji Tech is expected to cease being a consolidated subsidiary upon completion of the transaction.
Key Figures
- Planned Transfer Price: 5,057 million yen
- Treasury Stock Acquisition Price: 5,988 yen
- Tender Offer Price: 7,957 yen
AI要約
Overview
MITSUI E&S has decided to not tender the shares it holds in Kaji Tech to the bidder, to implement a treasury stock acquisition after a share consolidation of Kaji Tech shares, and to transfer all Kaji Tech shares owned by the Company in order to eliminate the parent-subsidiary listing relationship. The tender offer period is from 2026-11-11 to 2026-12-23, the share consolidation is scheduled for around March 2027, and the treasury stock acquisition is planned for the same period.
Future Impact and Schedule
If this transaction is completed, Kaji Tech is expected to cease being a consolidated subsidiary, and the impact on the Group's consolidated results is expected to be minor. The Company will make timely disclosures as the transaction completion status and its effects become clear.
MITSUI E&S Co., Ltd.
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