Yutaka Giken Co.,Ltd.
Notice Regarding the Results of the Tender Offer by Motherson Global Investments B.V. for Our Company’s Shares
The tender offer for Yutaka Giken Co., Ltd. by Motherson Global Investments B.V. ended on March 10, 2026, with 1,408,867 shares tendered. However, not all shares were acquired, and delisting procedures are planned going forward.
Key Figures
- Number of Shares Tendered: 1,408,867 shares
- Upper Limit of Planned Share Acquisition: 4,496,051 shares
- Acquisition Price: 3,024 yen per ordinary share
AI要約
Regarding the Tender Offer Results
The tender offer by Motherson Global Investments B.V. for the ordinary shares of Yutaka Giken Co., Ltd. was conducted from February 9, 2026, to March 10, 2026, resulting in 1,408,867 shares tendered. No minimum acquisition threshold was set for the tender offer, and all tendered shares were acquired; however, the tender offeror was unable to acquire all shares of the company.
Outlook
After the tender offer's completion, the tender offeror plans to proceed with a series of squeeze-out procedures to privatize the target shares by limiting the shareholders to the tender offeror and Honda Motor Co., Ltd. As a result, the target shares will be delisted in accordance with the delisting criteria of the Tokyo Stock Exchange, and after delisting, trading on the Tokyo Stock Exchange Standard Market will no longer be possible. Specific procedures and timing will be promptly announced once decided.
