The company will not participate in the public tender offer for HYUGA PRIMARY CARE shares by tendering 840,000 shares. Subsequently, some shares will be sold and\/or applied to the target’s own tender offer, with a plan to complete a share exchange that makes the tender offeror a wholly owned subsidiary. The transaction is not expected to affect consolidated earnings for the fiscal year ending March 2027, while the parent company’s ownership stake is expected to increase by 176 million yen.<\/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":"9158","jir_company_name":"CUC Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/9158-20260925-01.pdf","jir_short_summary":"The company will not participate in the public tender offer for HYUGA PRIMARY CARE shares by tendering 840,000 shares. Subsequently, some shares will be sold and\/or applied to the target's own tender offer, with a plan to complete a share exchange that makes the tender offeror a wholly owned subsidiary. The transaction is not expected to affect consolidated earnings for the fiscal year ending March 2027, while the parent company's ownership stake is expected to increase by 176 million yen.","jir_summary":"### Overview of the transaction\nCUC Inc. has concluded a non-participation agreement regarding its public tender offer for HYUGA PRIMARY CARE shares, under which 840,000 target shares will not be tendered. Subsequently, it has agreed to sell and tender a portion of shares to the target's own tender offer. Ultimately, through a share exchange that makes the tender offeror the wholly owning parent, the company will maintain indirect ownership in the tender offeror with an 11.09% voting rights stake.\n\n### Outlook and impact\nCompletion of the transaction is not expected to affect the fiscal year ending March 2027 profits, while the equity attributable to owners of the parent is expected to rise by 176 million yen. The schedule for the deal is: TOB period from September 28, 2026 to November 10, 2026; settlement start date on November 17, 2026; treasury stock tender period from November 18, 2026 to December 16, 2026.","jir_financial_highlights":"Increase in equity attributable to owners of the parent: 176 million yen\nImpact on the consolidated results for the fiscal year ending March 2027: No impact","jir_category":"","jir_hashtags":"#CUC Inc.Tender, #ConsiderationOfTreasuryStockPurchase, #ShareExchange","jir_key_figures":"Total target shares: 840,000 shares\nExpected increase in parent equity: 176 million yen\nTender period: 2026\/9\/28 to 2026\/11\/10","jir_meta_title":"\u3010CUC Inc.\u3011Non-Participation Agreement in Tender Offer and Future Share Structure | September 25, 2026","jir_meta_description":"CUC Inc. has concluded a non-participation agreement regarding HYUGA PRIMARY CARE tender offer. The plan includes treasury stock purchase and a share exchange to make the tender offeror a wholly owned subsidiary, with no expected impact on the 2027 fiscal year results.","jir_og_title":"Tender Offer Structure via Share Exchange Unveiled | September 25, 2026","jir_og_description":"CUC Inc. has concluded a non-participation agreement concerning HYUGA PRIMARY CARE's tender offer. Details on future share structure, impact, and schedule are disclosed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57503,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-123430","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n