{"id":21447,"date":"2026-01-29T09:02:10","date_gmt":"2026-01-29T00:02:10","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4917-20260129-01_wp_tender_offer\/"},"modified":"2026-01-29T09:02:10","modified_gmt":"2026-01-29T00:02:10","slug":"4917-20260129-01_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4917\/ir\/4917-20260129-01_wp_tender_offer\/","title":{"rendered":"(Amendment) Notice Regarding Partial Changes to the &#8220;Opinion Expressing Support for the Implementation of the MBO and Recommendation for Tendering&#8221;"},"content":{"rendered":"<p>The tender offer price was raised from 2,520 yen to 2,600 yen, and the tender offer period was extended until February 12, 2026. The Nishimura family shareholders\u2019 voting rights ratio in the new SPC is expected to be 21.8%.<\/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":"2026-01-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/4917-20260129-01.pdf","jir_short_summary":"The tender offer price was raised from 2,520 yen to 2,600 yen, and the tender offer period was extended until February 12, 2026. The Nishimura family shareholders\u2019 voting rights ratio in the new SPC is expected to be 21.8%.","jir_summary":"### Overview and Changes of the Tender Offer\nRegarding the tender offer for Mandom Corporation, the tender offeror raised the purchase price from 2,520 yen to 2,600 yen as of January 28, 2026, and extended the tender offer period until February 12, 2026. The Nishimura family shareholders will invest in the new SPC, with an expected voting rights ratio of 21.8%. Regarding the timing of the re-investment, the re-investment by the shareholders agreeing to tender may be carried out collectively after the squeeze-out procedure is completed.\n\n### Background and Future Outlook of the Tender Offer\nThe tender offeror is considering raising the tender offer price aiming to enhance the corporate value of the company, taking into account the status of the proposed transaction by KKR. The extension of the tender offer period ensures shareholders have sufficient time to make appropriate decisions and secures opportunities for competing tender offers. After the tender offer is successful, stock consolidation and articles of incorporation amendments are planned, and an extraordinary shareholders meeting is scheduled for mid-April 2026.","jir_financial_highlights":"Tender Offer Price: 2,600 yen (Raised from 2,520 yen by the second offer price revision)\nTender Offer Period: Extended until February 12, 2026 (Extended from January 29, 2026)\nNew SPC Voting Rights Ratio: 21.8% (Total at completion including non-tendering agreement shareholders)","jir_category":"","jir_hashtags":"#MandomCorporation, #TenderOffer, #TOB, #MBO","jir_key_figures":"Tender Offer Price: 2,600 yen (after the second offer price revision)\nTender Offer Period: Extended until February 12, 2026\nNew SPC Voting Rights Ratio: 21.8% (at completion of re-investment)","jir_meta_title":"Important Notice Regarding the Increase in Tender Offer Price and Extension of Period for Mandom Corporation","jir_meta_description":"The tender offer price for Mandom Corporation has been raised to 2,600 yen, and the tender offer period has been extended until February 12, 2026. The Nishimura family shareholders\u2019 voting rights ratio in the new SPC is expected to be 21.8%.","jir_og_title":"Mandom Corporation Notice: Tender Offer Price Increase and Period Extension","jir_og_description":"The tender offer price for Mandom Corporation has been raised to 2,600 yen, and the period extended until February 12, 2026. Important changes are explained.","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-21447","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>(Amendment) Notice Regarding Partial Changes to the &quot;Opinion Expressing Support for the Implementation of the MBO and Recommendation for Tendering&quot; - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4917\/ir\/4917-20260129-01_wp_tender_offer\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4917\/ir\/4917-20260129-01_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4917\/ir\/4917-20260129-01_wp_tender_offer\/\",\"name\":\"(Amendment) Notice Regarding Partial Changes to the \\\"Opinion Expressing Support for the Implementation of the MBO and Recommendation for Tendering\\\" - 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