An agreement has been executed to tender shares of Shobunsha Holdings to the tender offeror MSE. Shobunsha is an equity-accounted investee of MTI Ltd., and upon successful tender the company will cease to be an equity-accounted investee. Financial impacts are expected to include a special loss of 410 million yen (consolidated) and a special gain of 1,530 million yen (non-consolidated).<\/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":"9438","jir_company_name":"MTI Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/9438-20261106-01.pdf","jir_short_summary":"An agreement has been executed to tender shares of Shobunsha Holdings to the tender offeror MSE. Shobunsha is an equity-accounted investee of MTI Ltd., and upon successful tender the company will cease to be an equity-accounted investee. Financial impacts are expected to include a special loss of 410 million yen (consolidated) and a special gain of 1,530 million yen (non-consolidated).","jir_summary":"### Overview of the TOB\nMTI Ltd. has entered into an agreement to tender the ordinary shares of its equity-accounted investee, Shobunsha Holdings Co., Ltd., to the public tender offer (TOB) conducted by the tender offeror, MSE Co., Ltd. Because Shobunsha is an equity-accounted investee of MTI Ltd., upon execution of the tender agreement Shobunsha is expected to cease being an equity-accounted investee of MTI Ltd. For specific terms, conditions and the period of the TOB, please refer to the separate announcement by Shobunsha.\n\n### Financial Impact and Next Steps\nIf the TOB is successful, MTI Ltd. expects to record a special loss (loss on sale of shares in affiliates) of approximately 410 million yen in its consolidated financial statements for the fiscal year ending September 2027, and a special gain (gain on sale of shares in affiliates) of approximately 1,530 million yen in its non-consolidated financial statements. The impact amounts will be incorporated into the consolidated earnings guidance for the fiscal year ending September 2027 in the financial summary under Japanese GAAP scheduled for publication on November 10, 2026. MTI Ltd. will promptly disclose any additional information as it becomes available.","jir_financial_highlights":"Special loss (Consolidated): 410 million yen (estimated) (Unknown)\nSpecial gain (Non-consolidated): 1,530 million yen (estimated) (Unknown)\nTransfer price: Unknown (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #TOB, #EquityAccountedInvestee","jir_key_figures":"Special loss (Consolidated) approx. 410 million yen (estimated)\nSpecial gain (Non-consolidated) approx. 1,530 million yen (estimated)\nTransfer price 4,052 million yen (752 yen per share)","jir_meta_title":"MTI Ltd. Announces Agreement to Tender in Shobunsha Holdings TOB\uff5cNovember 2026","jir_meta_description":"MTI Ltd. has entered into an agreement to tender shares of Shobunsha Holdings in a public tender offer. Upon completion, Shobunsha will cease to be an equity-accounted investee; MTI Ltd. expects to record a consolidated special loss of approximately 410 million yen and a non-consolidated special gain of approximately 1,530 million yen. Further announcements are planned.","jir_og_title":"MTI Ltd. Concludes Agreement to Tender in Shobunsha Holdings TOB","jir_og_description":"MTI Ltd. has concluded an agreement to tender in the TOB for Shobunsha Holdings. If the TOB succeeds, Shobunsha is expected to cease being an equity-accounted investee, and MTI Ltd. will recognize related special loss and special gain. Further disclosures are planned.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17570,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-143945","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n