Correction notice regarding the TOB by Bain Capital. Revised details of the outline of the public offer, key subscription\/non-subscription agreements, correction of the offer price to 820 yen, and updated status of major shareholders\u2019 subscription agreements including Abi data.<\/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":"4420","jir_company_name":"Esol Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/4420-20260911-01.pdf","jir_short_summary":"Correction notice regarding the TOB by Bain Capital. Revised details of the outline of the public offer, key subscription\/non-subscription agreements, correction of the offer price to 820 yen, and updated status of major shareholders\u2019 subscription agreements including Abi data.","jir_summary":"### Key points of the correction\nThis notice is a partial correction to the 'Notice on the Implementation of MBO and Recommendation of Subscription' disclosed on September 1, 2026. It corrects multiple figures and assumptions, including the outline of the TOB, status of major subscription agreements and non-subscription agreements, and the revised purchase price. In particular, it includes changes to the composition of subscription shareholders and the subscriber shareholders, the content of inquiries and intentions with Abi data, and changes to the lower limit calculation for the planned number of shares to be purchased.\n\n### Background, impact, and future outlook\nThe correction aims to ensure consistency of the terms that guarantee fairness and validity of the TOB. By standardizing the offer price to 820 yen, it emphasizes fairness among shareholders. It reaffirms the consistency of subscription intention with major shareholders, including Abi data, and the progress of procedures going forward will depend on whether the lower limit of the planned shares to be purchased is met.","jir_financial_highlights":"Lower limit of the number of shares to be purchased to ensure fairness: 10,535,800 shares (There is a difference in deductions for this base number before and after correction)\nPrice of this public tender offer: 820 yen (Adjusted value after correction)","jir_category":"","jir_hashtags":"#Esol, #TOBCorrection, #TOB, #AbiData, #ShareholderAgreement","jir_key_figures":"Lower limit of the planned purchase: 10,535,800 shares\nTotal number of shares in this subscription agreement (including Abi data, revised): None (correction applied)\nPublic tender offer price: 820 yen","jir_meta_title":"\u3010Esol\u3011TOB Correction Notice\uff5cTOB at 820 yen","jir_meta_description":"Summary of corrections to Esol's TOB. Change to offer price 820 yen, details of subscription\/non-subscription agreements, and major shareholder agreements.","jir_og_title":"TOB Correction Notice\uff5cTOB execution at 820 yen","jir_og_description":"Summary of corrections to Esol's TOB. Confirmation of fixed offer price 820 yen and revisions to major shareholders' subscription agreements.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58991,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-112546","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n