ikuyo Co.,Ltd. plans a tender offer for Muraki Co., Ltd. The offer price is 3,000 yen per share, with an upper limit of 486,300 shares and an anticipated period of about 30 business days. The offer is expected to commence promptly after satisfaction of the conditions precedent, aiming to acquire a majority of shares, though the start timing may shift depending on the independent committee’s review and the extraordinary shareholders’ meeting. 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The offer price is 3,000 yen per share, with an upper limit of 486,300 shares and an anticipated period of about 30 business days. The offer is expected to commence promptly after satisfaction of the conditions precedent, aiming to acquire a majority of shares, though the start timing may shift depending on the independent committee's review and the extraordinary shareholders' meeting. The purpose is to pursue a business partnership through post-offer acquisition of control.","jir_summary":"### Overview of the Offer\nThis matter announces ikuyo Co.,Ltd.'s plan to acquire Muraki shares through a tender offer (TOB) under the Financial Instruments and Exchange Act. The offer price is 3,000 yen per share, and the planned maximum number of shares to be purchased is 486,300 shares, which is expected to enable acquisition of a majority of Muraki's issued shares. The offer will commence upon satisfaction of the conditions precedent, and is scheduled to begin no later than five business days thereafter; the exact start timing depends on the satisfaction of conditions precedent and progress of consultations. After the tender offer, the target's shares are planned to remain listed, with an anticipated voting rights ratio of 50.13%.\n\n### Post-Offer Policy and Impact\nAfter the offer, ikuyo Co.,Ltd. intends to acquire control of the target's management and deepen business collaboration while maintaining a governance structure that includes independent outside directors. The company is considering establishing a Dual \/ Business Collaboration Promotion Committee and exploring expansion of car care-related businesses, joint development, mutual supply, and joint procurement to create multi-energy hubs. It will thoroughly consider minority shareholders' interests and seek to determine transaction terms through a special committee composed of independent outside directors.","jir_financial_highlights":"Offer Price: 3,000 yen per share (Unknown)\nPlanned Maximum Number of Shares to be Purchased: 486,300 shares (Unknown)\nOffer Consideration: 1,458,900 thousand yen (Unknown)\nShareholding Percentage after Tender Offer: 50.13% (Unknown)\nTotal Number of Issued Shares of the Target: 1,470,000 shares (Unknown)","jir_category":"","jir_hashtags":"#ikuyo, #TOB, #Muraki, #BusinessPartnership","jir_key_figures":"Offer Price: 3,000 yen per share\nPlanned Maximum Number of Shares to be Purchased: 486,300 shares\nOffer Consideration: 1,458,900 thousand yen","jir_meta_title":"ikuyo Co.,Ltd. Planned Tender Offer for Muraki | October 2026","jir_meta_description":"ikuyo Co.,Ltd. announced a planned tender offer for Muraki shares. Offer price: 3,000 yen per share; maximum 486,300 shares. Commencement contingent on satisfaction of conditions precedent. Aimed at strengthening business partnership through post-offer control acquisition.","jir_og_title":"ikuyo Co.,Ltd. Planned Tender Offer for Muraki | October 2026","jir_og_description":"Announcement of ikuyo Co.,Ltd.'s planned tender offer for Muraki: 3,000 yen\/share, maximum 486,300 shares. Start timing depends on satisfaction of conditions precedent.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57637,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-134131","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n