Shinko Trading’s Tender Offer Period Extended | Kaga Electronics June 26, 2026

Overview of the Tender Offer

Kaga Electronics has extended the tender offer for Shinko Trading's shares, which commenced on May 18, 2026, until July 14, 2026, to provide shareholders with greater opportunity to make decisions. The purchase price remains unchanged at 1,580 yen, with a minimum target of 19,226,700 shares. The extension of the offer period offers investors a more suitable opportunity to evaluate the decision.

Purpose of the Purchase and Future Policy

The purpose of the purchase is to achieve complete subsidiary status. By extending the tender offer period, shareholders are given additional time to decide. The purchase conditions remain unchanged, with the period extended to 42 business days. Additionally, procedures such as share consolidation and rounding adjustments are planned, and detailed discussions regarding the upcoming general meeting of shareholders and settlement date are ongoing.