SENKO Group Holdings Co., Ltd. will commence a tender offer for all shares of Maruun Co., Ltd. (excluding treasury shares and non-subscription shares) from January 26, 2026, aiming to ultimately acquire 80% of voting rights.<\/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":"9069","jir_company_name":"SENKO Group Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9069-20260123-01.pdf","jir_short_summary":"SENKO Group Holdings Co., Ltd. will commence a tender offer for all shares of Maruun Co., Ltd. (excluding treasury shares and non-subscription shares) from January 26, 2026, aiming to ultimately acquire 80% of voting rights.","jir_summary":"### Overview of the Tender Offer\nSENKO Group Holdings Co., Ltd. will commence a tender offer for all ordinary shares of Maruun Co., Ltd. (excluding treasury shares and non-subscription shares) from January 26, 2026. The planned number of shares to be purchased is 17,613,808 with a minimum of 3,200,400 shares, and the offer price is 949 yen per share (approximately a 37.14% premium over the closing price on the Tokyo Stock Exchange Standard Market). Upon successful completion of the tender offer, a squeeze-out procedure through share consolidation will be implemented, aiming to ultimately acquire 80% of voting rights, making Maruun a consolidated subsidiary and privatizing the company.\n\n### Background and Purpose of the Tender Offer\nSENKO Group has decided to acquire Maruun to strengthen its logistics business. Maruun operates in freight transportation, energy logistics, and overseas logistics, and to address challenges in the logistics industry, both companies aim to create synergies. The tender offer price was deemed reasonable based on an independent third-party valuation, and both Maruun\u2019s Board of Directors and independent special committee have agreed. After the tender offer, the plan is to promote operational efficiency, strengthen the sales base, expand growth areas, and enhance human resource development.\n\n### Post-Tender Offer Policy and Procedures\nAfter the tender offer is successful, a squeeze-out procedure through share consolidation will be carried out, limiting Maruun\u2019s shareholders to the tender offeror and principal shareholder JX Metals. The target voting rights ownership ratio is 80% for the tender offeror and 20% for JX Metals. The management structure will see the tender offeror appoint the majority of directors, including the representative director. Employee employment conditions will be maintained to ensure business continuity and growth. Although delisting may occur, the goal is to maximize shareholder value.","jir_financial_highlights":"Planned Number of Shares to be Purchased: 17,613,808 shares (Unknown)\nMinimum Number of Shares to be Purchased: 3,200,400 shares (Unknown)\nOffer Price: 949 yen (Tender offer price represents a 37.14% premium over the closing price of 692 yen as of November 12, 2025)\nTotal Purchase Consideration: 16,715,503,792 yen (Unknown)","jir_category":"","jir_hashtags":"#SENKOGroupHoldings, #TenderOffer, #TOB, #Maruun, #JapaneseStocks","jir_key_figures":"Planned Number of Shares to be Purchased: 17,613,808 shares (excluding treasury shares, etc.)\nOffer Price: 949 yen (37.14% premium over closing price as of November 12, 2025)\nTotal Purchase Consideration: 16,715,503,792 yen","jir_meta_title":"SENKO Group Announces Commencement of Tender Offer for Maruun \u2013 Aiming to Acquire All Shares at 949 Yen","jir_meta_description":"SENKO Group Holdings Co., Ltd. will commence a tender offer for shares of Maruun starting January 26, 2026. With an offer price of 949 yen and planned purchase of 17,613,808 shares, the company aims to privatize Maruun.","jir_og_title":"SENKO Group Announces Commencement of Tender Offer for Maruun","jir_og_description":"SENKO Group aims to acquire all shares of Maruun and will commence a tender offer from January 26, 2026. The offer price is 949 yen per share.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8088,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-20670","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n