{"id":108238,"date":"2026-08-28T16:12:38","date_gmt":"2026-08-28T07:12:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4812-20260828-02_wp_tender_offer\/"},"modified":"2026-09-22T13:30:50","modified_gmt":"2026-09-22T04:30:50","slug":"4812-20260828-02_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4812\/ir\/4812-20260828-02_wp_tender_offer\/","title":{"rendered":"Notice of opinion of support and recommendation for submission regarding the commencement of a public tender offer by VIC LLC for our shares"},"content":{"rendered":"<p>Conditions and procedures to commence the tender offer, expression of support for our shares and recommendation for submission, purchase price of 2,880 yen, minimum number of shares to be purchased 93,404 shares, planned period of 20 business days. After conditions are satisfied, implementation will proceed promptly; after delisting, governance will be limited to the Dentsu Group and the offeror.<\/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,"price_fetched_at":"","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":"4812","jir_company_name":"Dentsu Research Institute","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/4812-20260828-02.pdf","jir_short_summary":"Conditions and procedures to commence the tender offer, expression of support for our shares and recommendation for submission, purchase price of 2,880 yen, minimum number of shares to be purchased 93,404 shares, planned period of 20 business days. After conditions are satisfied, implementation will proceed promptly; after delisting, governance will be limited to the Dentsu Group and the offeror.","jir_summary":"### Overview of this tender offer\nThis tender offer is aimed at taking the company private through VIC LLC, with a purchase price of 2,880 yen per share. The minimum number of shares to be purchased is 93,404 shares; there is no upper limit (if the minimum is not met, no tender will be made). The start timing of the tender offer will be implemented promptly after prerequisite conditions are satisfied.\n\n### Ensuring fairness and procedures\nA special committee will be established to ensure independence and neutrality. We will obtain GS Valuation Report, Plutus Valuation Report, and legal advice from Nishimura & Asahi, and make decisions based on a fairness opinion. The Dentsu Group will enter into a non-tender contract to avoid competing transactions during the tender period. Conditions for maintaining or withdrawing support opinions from shareholders are also defined.","jir_financial_highlights":"Purchase price: 2,880 yen (Unknown)\nMinimum number of shares to be purchased: 93,404 shares (Provisional value)\nTender period: 20 business days(planned) (Note)","jir_category":"","jir_hashtags":"#DentsuResearchInstitute, #PublicTender, #Delisting","jir_key_figures":"Purchase price: 2,880 yen\nMinimum number of shares to be purchased: 93,404 shares\nPeriod: 20 business days (planned)","jir_meta_title":"[Dentsu Research Institute] Planned commencement of public tender offer \u2013 Support and Recommendation | August 2026","jir_meta_description":"Dentsu Research Institute announces support for the commencement of a public tender offer by VIC LLC and recommends shareholders to participate. Purchase price 2,880 yen, minimum 93,404 shares, period 20 business days. Governance plan after delisting disclosed.","jir_og_title":"Dentsu Research Institute Supports and Recommends Tender Offer Initiation | August 2026","jir_og_description":"Regarding VIC LLC's planned commencement of a public tender offer for our shares, we have resolved to express support and to recommend shareholder participation. Purchase price is 2,880 yen, minimum 93,404 shares, period planned for 20 business days.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7866,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-108238","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of opinion of support and recommendation for submission regarding the commencement of a public tender offer by VIC LLC for our shares - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4812\/ir\/4812-20260828-02_wp_tender_offer\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4812\/ir\/4812-20260828-02_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4812\/ir\/4812-20260828-02_wp_tender_offer\/\",\"name\":\"Notice of opinion of support and recommendation for submission regarding the commencement of a public tender offer by VIC LLC for our shares - 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