ITOCHU Corporation

2026/08/21 Updated
Market Cap: $88.1B (¥14.0T)
Stock Price: $12.61 (¥2,004)
Exchange Rate: 1 USD = ¥158.98

Announcement on the Results of the Tender Offer for Shares of Itochu Shokuhin Co., Ltd. (Securities Code: 2692)

Acquired 4,768,910 shares of common stock at 13,000 yen per share through a tender offer, which was completed on April 9, 2026.

Importance:
Page Updated: April 10, 2026
IR Disclosure Date: April 10, 2026

Key Figures

  • Purchase Price: 13,000 yen/share
  • Number of Shares Tendered: 4,768,910 shares
  • Tender Offer Period: February 26, 2026 – April 9, 2026 (30 business days)

AI要約

Overview and Results of the Tender Offer

Itochu Corporation and FMDI LLC conducted a tender offer for common shares of Itochu Shokuhin Co., Ltd. at 13,000 yen per share from February 26, 2026, to April 9, 2026. The number of shares tendered totaled 4,768,910, exceeding the minimum planned acquisition of 1,801,900 shares, and all tendered shares were acquired. As a result of the tender offer, the tender offerors' shareholding ratio became 37.59%, while the voting rights ratio of special related parties remained at 52.46%.

Future Policy and Outlook

Following the tender offer results, Itochu Corporation and FMDI LLC plan to initiate squeeze-out procedures to consolidate all shareholders into the tender offerors. Consequently, the target shares are expected to be delisted from the Tokyo Stock Exchange Prime Market. After delisting, market trading of the target shares will no longer be possible, and future procedures will be promptly announced once decided.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Itochu Corporation

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