Discloses corrections to opinions and basis related to the tender offer. The total number of shares to be transferred by the founders shareholders Totoyama, Fujii, and Hodojima is 17,939,600 shares, 54.65%, with a purchase price of 2,350 yen, a lower limit of 3,135,200 shares, and a two-stage acquisition structure.<\/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":"4413","jir_company_name":"\u682a\u5f0f\u4f1a\u793e\u30dc\u30fc\u30c9\u30eb\u30a2","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-04","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/4413-20260904-01.pdf","jir_short_summary":"Discloses corrections to opinions and basis related to the tender offer. The total number of shares to be transferred by the founders shareholders Totoyama, Fujii, and Hodojima is 17,939,600 shares, 54.65%, with a purchase price of 2,350 yen, a lower limit of 3,135,200 shares, and a two-stage acquisition structure.","jir_summary":"### Overview of the tender offer and corrections\nThis correction concerns the notice dated August 19, 2026 titled 'Notice on the Implementation of an MBO and Recommendation of Application' and the correction information published on the same date. The offeror aims to acquire all of the company\u2019s shares from the founder shareholders to delist the company through a TOB, with a purchase price of 2,350 yen. The share transfer agreements target the shares of Totoyama, Fujii, and Hodojima. The corrected sections are underlined, and key terms of the agreement have been reiterated and revised.\n\n### Two-stage acquisition and key agreements\nAs a policy for post-tender offer organizational restructuring, the plan includes a two-stage acquisition, including the consolidation of shares. Procedures under Article 180 and the requirements for a special resolution at the general meeting are considered to pursue a squeeze-out. Details of the transfer options for Hodojima and Kobayashi, and the transfer agreements and related application agreements involve significant conditions, waivers, and consent obligations, and there are cooperative obligations to apply and exercise conditions during the tender offer period.","jir_financial_highlights":"Purchase price: 2,350\u5186 (Same amount before and after correction)\nLower limit of planned acquisitions: 3,135,200\u682a (Even after correction, the lower limit remains the same)\nTotal shares to be transferred: 17,939,600\u682a (54.65% ownership ratio)","jir_category":"","jir_hashtags":"#Boardoula, #TenderOffer, #TwoStageAcquisition","jir_key_figures":"17,939,600 \u682a\uff1aTotal number of shares to be transferred (54.65%)\n2,350 \u5186\uff1aThis tender offer price\n3,135,200 \u682a\uff1aLower limit of planned acquisitions","jir_meta_title":"\u3010Boardoula\u3011Correction TOB Notice\uff5cSeptember 2026","jir_meta_description":"A partial correction to the notice on MBO implementation and recommendation of application disclosed by Boardoula. Highlights of TOB outline, purchase price, share count, and two-stage acquisition policy.","jir_og_title":"Boardoula Correction TOB Notice","jir_og_description":"Summary of TOB outline and corrections. Important details include purchase price 2,350 yen, planned acquisition 3,135,200 shares, and target shares 17,939,600 shares.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16930,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-111066","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n