Pacific Industrial Co., Ltd.
Notice Regarding Changes to Tender Offer Conditions for Taiheiyo Koatsu Kogyo Co., Ltd. (Securities Code: 7250) by CORE Inc.
CORE Inc. has raised the tender offer price for Taiheiyo Koatsu Kogyo Co., Ltd. from ¥2,919 to ¥3,036 per share, extended the offer period until January 26, 2026, and lowered the minimum number of shares to be purchased from 35,841,900 shares to 25,337,400 shares.
Key Figures
- Tender Offer Price (per common share): ¥3,036 (after increase)
- Tender Offer Period: July 28, 2025 – January 26, 2026 (119 business days)
- Minimum Number of Shares to be Purchased (common shares): 25,337,400 shares (after decrease)
AI要約
Details of Changes to Tender Offer Conditions
CORE Inc. has increased the tender offer price for Taiheiyo Koatsu Kogyo Co., Ltd. from ¥2,919 to ¥3,036 per common share, extended the tender offer period from January 13, 2026, to January 26, 2026, and lowered the minimum number of shares to be purchased from 35,841,900 shares to 25,337,400 shares. Additionally, the settlement start date has been postponed from January 20, 2026, to February 2, 2026. These changes are based on shareholder application status, market price trends, and an agreement with Effissimo Capital Management.
Impact on Shareholders and Future Outlook
The increase in the tender offer price provides shareholders with an opportunity to sell at a higher price. The agreement with Effissimo to not tender has resulted in lowering the minimum purchase target, increasing the likelihood of the tender offer’s success. The extension of the offer period allows shareholders more time to consider their participation, aiming for a smooth completion of the tender offer. Procedures will proceed toward the successful completion of this tender offer.
