In the tender offer by ML Power, a wholly owned subsidiary of Mizuho Leasing, for units of Japan Infrastructure Fund Investment Corporation, the lower limit of units planned for purchase was lowered from 292,814 units to 263,532 units, the tender offer price was raised from \u00a565,000 to \u00a567,000, and the tender offer period was extended until January 22, 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,"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":"8425","jir_company_name":"Mizuho Leasing Company, Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/8425-20260107-01.pdf","jir_short_summary":"In the tender offer by ML Power, a wholly owned subsidiary of Mizuho Leasing, for units of Japan Infrastructure Fund Investment Corporation, the lower limit of units planned for purchase was lowered from 292,814 units to 263,532 units, the tender offer price was raised from \u00a565,000 to \u00a567,000, and the tender offer period was extended until January 22, 2026.","jir_summary":"### Overview and Changes of the Tender Offer\nMM Power LLC, funded by ML Power Co., Ltd., a wholly owned subsidiary of Mizuho Leasing Company, Limited, is currently conducting a tender offer for units of Japan Infrastructure Fund Investment Corporation. This time, the lower limit of units planned for purchase was reduced from 292,814 units (ownership ratio 66.67%) to 263,532 units (ownership ratio 60.00%), the tender offer price was increased from \u00a565,000 to \u00a567,000, and the tender offer period was extended until January 22, 2026, to enhance the likelihood of completion. As a result, the total purchase amount increased to approximately \u00a529.4 billion, and the settlement start date was postponed to January 29, 2026.\n\n### Post-Tender Offer Policy and Ensuring Fairness\nEven if the tender offer does not succeed, a unit consolidation (squeeze-out) is planned to wholly own the target entity. The target's board of directors supports the tender offer and recommends shareholders to apply. The lower limit of units planned for purchase satisfies the Majority of Minority condition, ensuring the acquisition will not succeed without the approval of at least a majority of minority shareholders, thereby guaranteeing fairness. The Special Committee\u2019s review also judged the transaction terms to be fair and reasonable.","jir_financial_highlights":"Lower limit of units planned for purchase: 263,532 units (Lowered from 292,814 units)\nTender offer price: \u00a567,000 (Raised from \u00a565,000)\nTender offer period: November 7, 2025 \u2013 January 22, 2026 (48 business days) (Extended from January 7, 2026)\nTotal purchase amount: \u00a529,427,740,000 (Increased from \u00a528,549,300,000)\nSettlement start date: January 29, 2026 (Postponed from January 15, 2026)","jir_category":"","jir_hashtags":"#MizuhoLeasingCompanyLimited, #TenderOffer, #TOB, #JapanInfrastructureFund, #JapaneseStocks","jir_key_figures":"Lower limit of units planned for purchase: 263,532 units (ownership ratio 60.00%)\nTender offer price: \u00a567,000 (raised from previous \u00a565,000)\nTender offer period: November 7, 2025 \u2013 January 22, 2026 (48 business days)\nTotal purchase amount: \u00a529,427,740,000\nSettlement start date: January 29, 2026","jir_meta_title":"Mizuho Leasing Raises Tender Offer Price to \u00a567,000 for Japan Infrastructure Fund Investment Units","jir_meta_description":"In the tender offer conducted by a wholly owned subsidiary of Mizuho Leasing for Japan Infrastructure Fund Investment Corporation units, the lower limit of units planned for purchase was reduced to 263,532 units, the price was raised to \u00a567,000, and the period was extended until January 22, 2026.","jir_og_title":"Mizuho Leasing Changes Tender Offer Conditions for Japan Infrastructure Fund Investment Units","jir_og_description":"Latest update on the tender offer enhancing likelihood of success by lowering the purchase unit threshold, raising the tender price to \u00a567,000, and extending the period.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7992,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-15166","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n