Aeon Co., Ltd. has completed the tender offer for 40,727,772 common shares of Tsuruha Holdings, Inc., resulting in a voting rights ownership ratio of 50.11% as of January 14, 2026, and is scheduled to become the parent 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3391-20260107-01.pdf","jir_short_summary":"Aeon Co., Ltd. has completed the tender offer for 40,727,772 common shares of Tsuruha Holdings, Inc., resulting in a voting rights ownership ratio of 50.11% as of January 14, 2026, and is scheduled to become the parent company.","jir_summary":"### Overview of Tender Offer Results and Parent Company Change\nAeon Co., Ltd. completed the tender offer for common shares of Tsuruha Holdings, Inc., conducted from December 3, 2025, to January 6, 2026, and acquired all 40,727,772 shares tendered. As a result, Aeon Co., Ltd.'s voting rights ownership ratio will be 50.11% as of January 14, 2026, and it is scheduled to become the parent company of Tsuruha Holdings. The tender offer price was \u00a52,900 per share, with a total acquisition consideration of approximately \u00a5118.1 billion.\n\n### Future Outlook and Impact\nThis tender offer is not intended for delisting, and Tsuruha Holdings\u2019 shares will continue to be listed on the Tokyo Stock Exchange Prime Market. Following the change in the parent company, Aeon Co., Ltd. expects to record special profit (gain on step acquisition) in the fourth quarter of the fiscal year ending February 2026. The impact on future performance will be disclosed promptly as necessary.","jir_financial_highlights":"Number of Shares Acquired: 40,727,772 shares (Acquired all shares up to the upper limit of 43,240,590 shares planned for purchase)\nVoting Rights Ownership Ratio (Post-Tender Offer): 50.11% (Increased from 41.18% before change)\nAcquisition Consideration: \u00a5118,110,538,800 (Unknown)","jir_category":"","jir_hashtags":"#TsuruhaHoldingsInc, #TenderOffer, #TOB, #AeonCoLtd, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 40,727,772 shares (Acquired through Tender Offer)\nVoting Rights Ownership Ratio (Post-Acquisition): 50.11% (Exceeds Threshold for Parent Company Change)\nAcquisition Consideration: \u00a5118,110,538,800 (\u00a52,900 per share)","jir_meta_title":"Completion of Tender Offer for Tsuruha Holdings by Aeon Co., Ltd., Acquiring 50.11% Voting Rights and Becoming Parent Company","jir_meta_description":"Aeon Co., Ltd. has acquired 40,727,772 common shares of Tsuruha Holdings, raising its voting rights ownership to 50.11%, and is scheduled to become the parent company as of January 14, 2026. Total acquisition consideration is approximately \u00a5118.1 billion.","jir_og_title":"Aeon Co., Ltd. Completes Tender Offer for Tsuruha Holdings and Becomes Parent Company","jir_og_description":"Aeon Co., Ltd. acquired 50.11% of voting rights in Tsuruha Holdings and is scheduled to become the parent company. The tender offer ended on January 6, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-15177","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n