{"id":143888,"date":"2026-11-06T20:35:25","date_gmt":"2026-11-06T11:35:25","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7984-20261106-01_wp_corporate_restructuring\/"},"modified":"2026-11-06T20:35:25","modified_gmt":"2026-11-06T11:35:25","slug":"7984-20261106-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7984\/ir\/7984-20261106-01_wp_corporate_restructuring\/","title":{"rendered":"Notice on the Subsidiarization of Thien Long Group Corporation and Tender Offer (Acquisition of Shares Involving Transfer of Specific Subsidiary)"},"content":{"rendered":"<p>Acquired shares of TLAT, resulting in indirect control of 46.82% of TLG. Impact on this fiscal year&#8217;s consolidated results is minimal. Plan to make TLG a consolidated subsidiary effective January 1, 2027. After approval at the extraordinary shareholders meeting, full transition to consolidated control will proceed.<\/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":"7984","jir_company_name":"Kokuyo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/7984-20261106-01.pdf","jir_short_summary":"Acquired shares of TLAT, resulting in indirect control of 46.82% of TLG. Impact on this fiscal year's consolidated results is minimal. Plan to make TLG a consolidated subsidiary effective January 1, 2027. After approval at the extraordinary shareholders meeting, full transition to consolidated control will proceed.","jir_summary":"### Overview of M&A and Corporate Restructuring\nKokuyo Co., Ltd. has, as part of the project to make Thien Long Group Corporation a subsidiary, acquired all shares of Thien Long An Thinh Investment Corporation (TLAT) and indirectly acquired shares held by the founders of TLG. Through the acquisition of TLAT shares, Kokuyo Co., Ltd. now indirectly holds 46.82% of the total issued shares of TLG, and the voting rights ratio for TLG remains at 46.82%. The plan to make TLG a consolidated subsidiary is targeted to take effect on January 1, 2027, and will proceed fully after approval at the extraordinary shareholders meeting. The impact on this fiscal year's consolidated results is expected to be minimal; further disclosures will be made as additional information becomes available.\n\n### Outlook and Impact on Shareholders\nWhile the financial impact of the TLAT share acquisition and the subsidiarization of TLG is judged to be limited, approval of TLG's final consolidation as a subsidiary could affect consolidated results from 2027 onward. Specific figures will be disclosed following the results of the extraordinary shareholders meeting and at the time of announcement.","jir_financial_highlights":"Status of TLAT share acquisition: 46.82% (Shares acquired indirectly)\nOwnership ratio of issued shares of TLG: 46.82% (No change in voting rights ratio)\nImpact on this fiscal year results: Minimal","jir_category":"","jir_hashtags":"#KokuyoCoLtdIR, #MandA","jir_key_figures":"Ownership ratio of TLG resulting from TLAT share acquisition: 46.82%\nTLG voting rights ownership ratio: 46.82% (no change)\nImpact on this fiscal year results: Minimal","jir_meta_title":"Kokuyo: Acquisition of TLAT Shares to Make TLG a Consolidated Subsidiary\uff5cPlanned Start January 2027","jir_meta_description":"Kokuyo has acquired all shares of TLAT, indirectly owning 46.82% of TLG. Impact on this fiscal year's results is minimal. The plan is to make TLG a consolidated subsidiary effective January 1, 2027. Further developments will be disclosed as they occur.","jir_og_title":"Kokuyo: Acquisition of TLAT Shares to Make TLG a Consolidated Subsidiary\uff5cPlanned Start 2027","jir_og_description":"Kokuyo acquired all shares of TLAT and will indirectly own 46.82% of TLG. Consolidation as a subsidiary is planned to start January 2027. Impact on this fiscal year is expected to be minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7968,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-143888","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 on the Subsidiarization of Thien Long Group Corporation and Tender Offer (Acquisition of Shares Involving Transfer of Specific Subsidiary) - 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-7984\/ir\/7984-20261106-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7984\/ir\/7984-20261106-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7984\/ir\/7984-20261106-01_wp_corporate_restructuring\/\",\"name\":\"Notice on the Subsidiarization of Thien Long Group Corporation and Tender Offer (Acquisition of Shares Involving Transfer of Specific Subsidiary) - 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