{"id":137761,"date":"2026-10-30T15:51:12","date_gmt":"2026-10-30T06:51:12","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1941-20261030-02_wp_share_buyback\/"},"modified":"2026-10-30T15:51:12","modified_gmt":"2026-10-30T06:51:12","slug":"1941-20261030-02_wp_share_buyback","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1941\/ir\/1941-20261030-02_wp_share_buyback\/","title":{"rendered":"Notice Regarding Treasury Stock Acquisition and Tender Offer for Treasury Stock"},"content":{"rendered":"<p>Resolved to consider and execute a tender offer for treasury stock as part of capital policy including D\/E considerations. Purchase period: 2026\/11\/2-12\/1; planned number of shares to be purchased: 6,930,000 shares; cap: 13.09%; purchase price: 4,614 yen; total amount approx. 31,980 million yen. The purchase is driven by optimization of a partnership relationship involving a portion of Chugoku Electric Power shares. The price was determined applying a discount to the market price as of October 29, 2026.<\/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":"1941","jir_company_name":"Chudenko Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/1941-20261030-02.pdf","jir_short_summary":"Resolved to consider and execute a tender offer for treasury stock as part of capital policy including D\/E considerations. Purchase period: 2026\/11\/2-12\/1; planned number of shares to be purchased: 6,930,000 shares; cap: 13.09%; purchase price: 4,614 yen; total amount approx. 31,980 million yen. The purchase is driven by optimization of a partnership relationship involving a portion of Chugoku Electric Power shares. The price was determined applying a discount to the market price as of October 29, 2026.","jir_summary":"### Overview and Background of the Purchase\nThis announcement reports that the Board of Directors resolved to acquire treasury stock and to launch a tender offer for treasury stock as part of measures to improve capital efficiency and return capital to shareholders. The purchase period is 20 business days from November 2, 2026 to December 1, 2026. The planned number of shares to be purchased is 6,930,000 shares (cap), and if the number of tendered shares exceeds this amount, allocation will be handled pro rata. The purchase funds will be covered by company funds; cash and cash equivalents as of March 31, 2026 are disclosed as 43,605 million yen.\n\n### Discount Strategy and Decision Process\nThe purchase price adopts a method that applies a fixed discount to the lowest price among multiple period averages of recent market prices. Multiple negotiations took place from the initial proposal to the final decision; discount rates at seven different reference dates were considered, and a 10% discount was ultimately applied. The tender offer is assumed to target 6,300,000 shares held by Chugoku Electric Power.","jir_financial_highlights":"Planned number of shares to be purchased: 6,930,000 shares (Cap set)\nPurchase consideration: 32,028,120,000 yen (Cap)\nTender offer price: 4,614 yen (Discount from reference stock price)","jir_category":"","jir_hashtags":"#ShareBuyback, #CapitalPolicy, #ChugokuElectricPower, #SustainableShareholderReturn","jir_key_figures":"Planned number of shares to be purchased: 6,930,000 shares\nPurchase price: 4,614 yen\nPurchase period: 2026-11-02 \u301c 2026-12-01","jir_meta_title":"Chudenko Corporation: Resolution on Treasury Stock Acquisition and Tender Offer | Starting Nov 2026","jir_meta_description":"Chudenko Corporation has resolved to acquire treasury stock and conduct a tender offer. Tender offer price is 4,614 yen, planned number of shares is 6,930,000 shares, and the period is November 2, 2026 to December 1, 2026. Summary of strategy to strengthen capital efficiency and shareholder returns.","jir_og_title":"Chudenko Corporation Resolves Treasury Stock Acquisition | Starts Nov 2026","jir_og_description":"Chudenko Corporation has resolved to acquire treasury stock and to conduct a tender offer. Tender offer price: 4,614 yen; cap 6,930,000 shares; period from November 2 to December 1. Announced as part of capital policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8788,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-137761","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Treasury Stock Acquisition and Tender Offer for Treasury Stock - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-1941\/ir\/1941-20261030-02_wp_share_buyback\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1941\/ir\/1941-20261030-02_wp_share_buyback\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1941\/ir\/1941-20261030-02_wp_share_buyback\/\",\"name\":\"Notice Regarding Treasury Stock Acquisition and Tender Offer for Treasury Stock - 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