A tender offer for Riso Kyoiku Group Corporation by Hulic Corporation, with which it had been pursuing a capital alliance, is underway. The share purchase price was raised stepwise from 290 yen to 295 yen, and the tender period is 30 business days. The structure aims for full privatization involving delisting through measures including an expression of support to shareholders, exercise of stock acquisition rights and setting of purchase prices, and squeeze-out procedures. An application agreement with Surugadai Gakuen has also been concluded.<\/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":"4714","jir_company_name":"Riso Kyoiku Group Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4714-20261013-01.pdf","jir_short_summary":"A tender offer for Riso Kyoiku Group Corporation by Hulic Corporation, with which it had been pursuing a capital alliance, is underway. The share purchase price was raised stepwise from 290 yen to 295 yen, and the tender period is 30 business days. The structure aims for full privatization involving delisting through measures including an expression of support to shareholders, exercise of stock acquisition rights and setting of purchase prices, and squeeze-out procedures. An application agreement with Surugadai Gakuen has also been concluded.","jir_summary":"### Summary of the News\nThis IR reports that Riso Kyoiku Group Corporation resolved to express support for and recommend tendering in the tender offer (TOB) by Hulic Corporation. The offer price started at 240 yen, was raised to 260 yen on and after October 9, 2026, and finally increased to 295 yen. The tender period is 30 business days, extended to ensure shareholders have the opportunity to tender.\n\n### Background and Ensuring Fairness\nThe tender offer aims to strengthen the capital relationship between the parent company and the subsidiary. An independent special committee evaluated fairness and appropriateness. A stock valuation report and a fairness opinion were obtained from an independent third-party valuation firm. Although a majority-of-the-minority condition was not set, multiple fairness safeguards were implemented, and opportunities for competing acquisition proposals were preserved.","jir_financial_highlights":"Offer Price: 295 yen (As the final proposed price)\nTender Period: 30 business days (From the publication date)\nNumber of Voting Rights Held by All Shareholders: 1,703,032 shares (As of the record date)","jir_category":"","jir_hashtags":"#RisoKyoikuGroup, #TOB, #Hulic, #SqueezeOut","jir_key_figures":"Offer Price (Final): 295 yen\nTender Period: 30 business days\nPlanned Number of Shares to be Purchased: 83,929,751 shares\nPublication Date: 2026-10-13\nSurugadai Gakuen Application Agreement: Intends to tender in this tender offer","jir_meta_title":"Riso Kyoiku Group Corporation Announces Support and Recommendation to Tender for TOB\uff5cOctober 2026","jir_meta_description":"Summary of the resolution and fairness measures regarding Hulic Corporation's tender offer for Riso Kyoiku Group Corporation, including the independent committee report and the application agreement. Final TOB price is 295 yen, and the period is 30 business days.","jir_og_title":"Riso Kyoiku Group Corporation Announces Support for TOB and Final Price","jir_og_description":"Reports Riso Kyoiku Group Corporation's expression of support and recommendation to tender in Hulic Corporation's tender offer; final price 295 yen, period 30 business days, and Surugadai Gakuen's application agreement.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57087,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-129991","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n