Forum Engineering Inc. announces that the tender offer by KJ003 Corporation for its shares was completed on 2025-12-23, with a planned third-party allotment capital increase of 24,504,000,000 yen, reduction of capital stock and capital surplus, and stock consolidation (consolidating 9,920,420 shares into 1 share). The company is scheduled to be delisted from the Tokyo Stock Exchange Prime Market on 2026-05-13.<\/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":"7088","jir_company_name":"Forum Engineering Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/7088-20260126-01.pdf","jir_short_summary":"Forum Engineering Inc. announces that the tender offer by KJ003 Corporation for its shares was completed on 2025-12-23, with a planned third-party allotment capital increase of 24,504,000,000 yen, reduction of capital stock and capital surplus, and stock consolidation (consolidating 9,920,420 shares into 1 share). The company is scheduled to be delisted from the Tokyo Stock Exchange Prime Market on 2026-05-13.","jir_summary":"### Overview of Tender Offer and Capital Policies\nThe tender offer by KJ003 Corporation for Forum Engineering Inc.'s common shares was completed on 2025-12-23, acquiring 55.89% of shares. Subsequently, the company will implement a third-party allotment capital increase amounting to 24,504,000,000 yen and reduce capital stock and capital surplus. Furthermore, in order to consolidate shareholders to solely KJ003 Corporation, a stock consolidation consolidating 9,920,420 shares into 1 share is planned. These capital policies aim to secure funds for the treasury stock tender offer and achieve delisting.\n\n### Impact on Shareholders and Future Outlook\nAs a result of the stock consolidation, holdings of other shareholders will result in fractional shares of less than one share, which are scheduled to be sold to KJ003 Corporation with court approval. Proceeds from this sale will be distributed to fractional shareholders. Following the delisting of shares, the company will be removed from the Tokyo Stock Exchange Prime Market on 2026-05-13. The Board of Directors and the Independent Special Committee have determined that this transaction is not disadvantageous to minority shareholders, and have obtained valuations from multiple third-party appraisal institutions to ensure fairness.","jir_financial_highlights":"Funds Raised by Third-Party Allotment Capital Increase: 24,504,000,000 yen (Unknown)\nStock Consolidation Ratio: Consolidation of 9,920,420 shares into 1 share (Unknown)\nScheduled Delisting Date: 2026-05-13 (Unknown)","jir_category":"","jir_hashtags":"#ForumEngineeringInc, #TenderOffer, #CapitalPolicies, #Delisting, #JapaneseStocks","jir_key_figures":"Third-Party Allotment Capital Increase Amount: 24,504,000,000 yen\nStock Consolidation Ratio: Consolidation of 9,920,420 shares into 1 share\nScheduled Delisting Date: 2026-05-13","jir_meta_title":"Forum Engineering Inc. to Conduct 24.5 Billion Yen Third-Party Capital Increase and Stock Consolidation, Scheduled for Delisting in May 2026","jir_meta_description":"Following the successful tender offer by KJ003 Corporation, Forum Engineering Inc. plans a third-party capital increase of 24,504,000,000 yen, capital reduction, consolidation of 9,920,420 shares into 1 share, and is scheduled to be delisted from the Tokyo Stock Exchange Prime Market on 2026-05-13.","jir_og_title":"Forum Engineering to Privatize through Third-Party Capital Increase and Stock Consolidation","jir_og_description":"Following the completion of the tender offer by KJ003 Corporation, Forum Engineering will conduct a 2.45 billion yen capital increase and stock consolidation, with delisting scheduled for May 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16704,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-20829","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n