The TOB conducted by Orsay, the tenderer, has been successful. The total number of tendered shares is 5,466,270, exceeding the minimum planned purchase, and it is expected that all shares will be acquired. Settlement start date is 2026-09-01. After the change, Orsay is expected to become the parent company and the major shareholder (holding 59.73% of voting rights, totaling 86,042 voting rights). Caution is advised regarding future procedures, which may involve significant changes in shareholder composition and potential delisting.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7523","jir_company_name":"Aarvin Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7523-20260826-01.pdf","jir_short_summary":"The TOB conducted by Orsay, the tenderer, has been successful. The total number of tendered shares is 5,466,270, exceeding the minimum planned purchase, and it is expected that all shares will be acquired. Settlement start date is 2026-09-01. After the change, Orsay is expected to become the parent company and the major shareholder (holding 59.73% of voting rights, totaling 86,042 voting rights). Caution is advised regarding future procedures, which may involve significant changes in shareholder composition and potential delisting.","jir_summary":"### TOB\u6210\u7acb\u3068\u76ee\u7684\nOrsay Co., Ltd.\u306b\u3088\u308b Aarvin Co., Ltd.\u682a\u5f0f\u3092\u5bfe\u8c61\u3068\u3057\u305f\u516c\u958b\u8cb7\u4ed8\u3051\u306f\u3001\u5fdc\u52df\u682a\u5f0f\u6570\u304c\u8cb7\u4ed8\u4e88\u5b9a\u6570\u306e\u4e0b\u9650\u3092\u4e0a\u56de\u3063\u305f\u305f\u3081\u6210\u7acb\u3057\u307e\u3057\u305f\u3002TOB\u306e\u76ee\u7684\u306f\u3001\u5bfe\u8c61\u682a\u5f0f\u3092\u975e\u516c\u958b\u5316\u3059\u308b\u305f\u3081\u306e\u7d44\u7e54\u518d\u7de8\u30fb\u682a\u4e3b\u69cb\u6210\u306e\u6574\u7406\u3068\u307f\u3089\u308c\u3001\u6c7a\u6e08\u958b\u59cb\u65e5\u306b\u306fOrsay\u304c\u65b0\u305f\u306a\u89aa\u4f1a\u793e\u3068\u306a\u308b\u898b\u8fbc\u307f\u3067\u3059\u3002\n\n### \u4eca\u5f8c\u306e\u5c55\u958b\u3068\u5f71\u97ff\n\u6c7a\u6e08\u958b\u59cb\u65e5\u4ee5\u964d\u3001Orsay\u304c\u7dcf\u682a\u4e3b\u306e\u8b70\u6c7a\u6a29\u306e\u904e\u534a\u3092\u53d6\u5f97\u3059\u308b\u898b\u8fbc\u307f\u3067\u3042\u308a\u3001\u7267\u5bdb\u4e4b\u6c0f\u306f\u4e3b\u8981\u682a\u4e3b\u30fb\u7b46\u982d\u682a\u4e3b\u304b\u3089\u5916\u308c\u308b\u898b\u8fbc\u307f\u3067\u3059\u3002\u4e0a\u5834\u5ec3\u6b62\u624b\u7d9a\u304d\u306b\u5411\u3051\u305f\u4eca\u5f8c\u306e\u5177\u4f53\u7684\u624b\u7d9a\u306f\u516c\u958b\u8cb7\u4ed8\u8005\u3068\u5354\u8b70\u30fb\u516c\u8868\u3055\u308c\u308b\u4e88\u5b9a\u3067\u3001\u4e0a\u5834\u5ec3\u6b62\u5f8c\u306f\u30b9\u30bf\u30f3\u30c0\u30fc\u30c9\u5e02\u5834\u3067\u306e\u53d6\u5f15\u306f\u7d99\u7d9a\u3057\u307e\u305b\u3093\u3002","jir_financial_highlights":"Number of shares tendered: 5,466,270 shares (Total of tendered shares)\nMinimum number of shares to be purchased: 3,845,584 shares (Met)\nTender price: Unknown (Unknown)\nSettlement start date: 2026-09-01 (On schedule)","jir_category":"","jir_hashtags":"#AarvinShares, #TOB, #PrivatizationOfShares","jir_key_figures":"\u8cb7\u4ed8\u682a\u5f0f\u6570: 5,466,270 shares\n\u8cb7\u4ed8\u4e88\u5b9a\u6570\u306e\u4e0b\u9650: 3,845,584 shares\n\u6c7a\u6e08\u958b\u59cb\u65e5: 2026-09-01","jir_meta_title":"\u3010Aarvin\u3011Result of Public Tender \/ Change in Status and TOB Proceedings","jir_meta_description":"TOB outcome for Aarvin shares has been finalized. Tendered shares total 5,466,270, above the minimum 3,845,584, with settlement start date 2026-09-01. Changes in the parent company and major shareholders and delisting procedures will be the focus going forward.","jir_og_title":"Aarvin TOB Granted and Future Procedures","jir_og_description":"TOB completion is expected to make Orsay the parent company. Settlement start date is 2026-09-01; please note changes in major shareholders and delisting procedures. See disclosure documents for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58299,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-107072","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n