Aeon Co., Ltd.
Notice Regarding the Results of the Tender Offer for Tsuruha Holdings Inc. (Securities Code: 3391) and Change in Subsidiaries
AEON Co., Ltd. conducted a tender offer for 40,727,772 common shares of Tsuruha Holdings Inc. at 2,900 yen per share, increasing its voting rights ownership from 41.18% to 50.11%, and plans to make Tsuruha Holdings a consolidated subsidiary on January 14, 2026.
Key Figures
- Number of shares purchased: 40,727,772 shares
- Purchase price: 2,900 yen per common share
- Total acquisition consideration: 118,110,538,800 yen
AI要約
Regarding the Results of the Tender Offer
AEON Co., Ltd. conducted a tender offer for 40,727,772 common shares of Tsuruha Holdings Inc. at 2,900 yen per share. Since the total number of tendered shares did not exceed the maximum planned purchase volume, AEON purchased all the tendered shares. As a result, AEON's voting rights ownership increased from 41.18% to 50.11%, and it plans to make Tsuruha Holdings a consolidated subsidiary as of January 14, 2026.
Outlook and Change in Subsidiaries
Following the tender offer, AEON Co., Ltd. intends to acquire an additional 50.9% of Tsuruha Holdings' voting rights through market purchases. With the subsidiary status change, AEON expects to record a special gain (gain on step acquisition) in the fourth quarter of the fiscal year ending February 2026.
