Plan for full consolidation through MP-2606’s public tender offer of our shares and new share subscription rights proceeds with the purchase price of 1,550 yen per share, with a squeeze-out assuming delisting. Tender period 30 business days, minimum of 16,030,200 shares, no upper limit. An\u5fdc\u52df\u5951\u7d04 including AVI holding shares exists, with MBK Partners as the final candidate. Fairness measures, an independent committee’s recommendation, and third-party valuation by JOIB have been organized.<\/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":"3989","jir_company_name":"Shairingu Tekunoroji Kabushikigaisha","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/3989-20260909-02.pdf","jir_short_summary":"Plan for full consolidation through MP-2606's public tender offer of our shares and new share subscription rights proceeds with the purchase price of 1,550 yen per share, with a squeeze-out assuming delisting. Tender period 30 business days, minimum of 16,030,200 shares, no upper limit. An\u5fdc\u52df\u5951\u7d04 including AVI holding shares exists, with MBK Partners as the final candidate. Fairness measures, an independent committee's recommendation, and third-party valuation by JOIB have been organized.","jir_summary":"### Background and Overview\nThis is a matter in which the Board has passed a resolution to endorse and recommend applying for a public tender offer by MP-2606 Co., Ltd. to acquire our shares and the new share subscription rights, with the aim of making MP-2606 a wholly owned subsidiary. The offer price is 1,550 yen, the period is 30 business days, and the lower limit is 16,030,200 shares. MBK Fund is a major holder, and there exists an\u5fdc\u52df agreement with AVI. As for post-tender organizational restructuring, considerations include share consolidation and a squeeze-out. Fairness is ensured through an Independent Committee and third-party valuation institutions.\n\n### Outlook and Risk Factors\nFollowing a successful tender offer, full consolidation is assumed, including potential non-linear growth through corporate splits in HITOWA's Life Support business, among other synergy initiatives. While risks include delisting, funding constraints from capital markets, and impacts on employees and business partners, the plan emphasizes flexible financial management and enhanced data capabilities through collaboration with MBK Partners to pursue medium- to long-term corporate value enhancement.","jir_financial_highlights":"Tender offer price (ordinary shares): 1,550 \u5186 (Unknown)\nTender offer period: 2026\u5e749\u670810\u65e5\u301c2026\u5e7410\u670827\u65e5 (30 \u55b6\u696d\u65e5)\nTender offer price for new share subscription rights: 1\u5186\uff0815\u56de\u30fb16\u56de\u65b0\u682a\u4e88\u7d04\u6a29\uff09 (Based on underachievement of performance conditions)\nLower bound of shares to be offered: 16,030,200 \u682a (63.58% ownership ratio assumed)\nMBK Fund ownership ratio: 86.93%\uff08MBK Fund (Cayman)\uff09 (as of now)","jir_category":"","jir_hashtags":"#ShairinguTekunorojii, #JikoshakuhaikukeiKoukaiKaituke, #Hikakuka, #MBKPartners, #HaiburittoSennryaku","jir_key_figures":"1,550 \u5186: \u516c\u958b\u8cb7\u4ed8\u4fa1\u683c\n16,030,200 \u682a: \u8cb7\u4ed8\u4e88\u5b9a\u6570\u306e\u4e0b\u9650\n30 \u55b6\u696d\u65e5: \u8cb7\u4ed8\u671f\u9593","jir_meta_title":"\u3010Sharing Technology\u3011Endorsement & Recommendation for MBK-led Public Tender Offer | September 2026","jir_meta_description":"Overview of the public tender offer by MP-2606, offer price 1,550 yen, period 30 business days, lower limit 16,030,200 shares, strategy for full subsidiary formation, and fairness assurances including Independent Committee recommendations and third-party valuations.","jir_og_title":"Sharing Technology\uff5cNotice of Endorsement & Recommendation for Tender Offer","jir_og_description":"Overview of MP-2606's public tender offer, fairness measures, involvement of final candidate MBK, and future capital policy and growth strategy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57337,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-111933","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n