On January 13, 2026, Mandom Corporation received a legally binding letter of intent from KKR proposing a tender offer at 3,100 yen per share and privatization through a squeeze-out. The Board of Directors resolved to commission a special committee for review.<\/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":"4917","jir_company_name":"Mandom Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/4917-20260114-01.pdf","jir_short_summary":"On January 13, 2026, Mandom Corporation received a legally binding letter of intent from KKR proposing a tender offer at 3,100 yen per share and privatization through a squeeze-out. The Board of Directors resolved to commission a special committee for review.","jir_summary":"### Overview of Tender Offer (TOB) and Privatization Proposal\nMandom Corporation has received on January 13, 2026, a legally binding letter of intent from KOHLBERG KRAVIS ROBERTS & CO. L.P. (KKR) regarding a tender offer and privatization through a squeeze-out of the Company\u2019s shares. The tender offer price is set at 3,100 yen per share, and KKR aims to commence the tender offer by late January 2026. Several conditions precedent are attached to the start of the tender offer.\n\n### Board of Directors\u2019 Response and Future Outlook\nAt the Board of Directors meeting on January 14, 2026, a resolution was passed to entrust a special committee with the examination of the KKR proposal transaction and whether to recommend acceptance to shareholders. The Chairman and President, due to conflicts of interest, did not participate in the deliberations. The Audit & Supervisory Board members approved the resolution without objections. Going forward, careful consideration including discussions with KKR will be conducted to determine whether the proposal contributes to corporate value and shareholder interests.","jir_financial_highlights":"Tender Offer Price (per share): 3,100 yen (Unknown)\nLetter of Intent Receipt Date: 2026-01-13 (Unknown)\nBoard of Directors Resolution Date: 2026-01-14 (Unknown)","jir_category":"","jir_hashtags":"#MandomCorporation, #TenderOffer, #TOB, #KKR, #JapaneseStocks","jir_key_figures":"Tender Offer Price: 3,100 yen (per share)\nLetter of Intent Receipt Date: 2026-01-13\nBoard of Directors Resolution Date: 2026-01-14","jir_meta_title":"Mandom Corporation Receives KKR Tender Offer Proposal at 3,100 Yen per Share, Board Establishes Special Committee","jir_meta_description":"On January 13, 2026, Mandom Corporation received a legally binding letter of intent from KKR proposing a tender offer at 3,100 yen per share and privatization. The following day, the Board of Directors commissioned a special committee to review the proposal and plans careful future consideration.","jir_og_title":"Mandom Corporation Receives Tender Offer Proposal from KKR","jir_og_description":"Regarding KKR\u2019s tender offer and privatization proposal at 3,100 yen per share, the Board of Directors resolved to establish a special committee. Further review will be conducted.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9332,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-18799","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n