Yokogawa Bridge Holdings Corporation has commenced a tender offer to acquire 45,524,628 shares of BR Holdings Corporation at 530 yen per share. The minimum acceptance number is 29,659,800 shares, and the offer period is from February 5, 2026, to March 23, 2026.<\/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":"5911","jir_company_name":"Yokogawa Bridge Holdings Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-02-04","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5911-20260204-01.pdf","jir_short_summary":"Yokogawa Bridge Holdings Corporation has commenced a tender offer to acquire 45,524,628 shares of BR Holdings Corporation at 530 yen per share. The minimum acceptance number is 29,659,800 shares, and the offer period is from February 5, 2026, to March 23, 2026.","jir_summary":"### Overview and Purpose of the Tender Offer\nYokogawa Bridge Holdings Corporation has decided to acquire all common shares and stock acquisition rights of BR Holdings Corporation through a tender offer aiming for full ownership. The minimum number of shares planned for acquisition is 29,659,800 shares (equivalent to 65.15% ownership). If the tendered shares are below the minimum, the acquisition will not proceed. There is no set upper limit. The acquisition price is 530 yen per share, and the offer period is 30 business days from February 5, 2026, to March 23, 2026.\n\n### Calculation of Acquisition Price and Fairness Assurance Measures\nThe acquisition price of 530 yen per share includes a 49.72% premium over the Tokyo Stock Exchange Prime Market closing price of 354 yen. This price was calculated based on multiple valuation methods (market stock price method, comparable company analysis, and DCF method) conducted by Mizuho Securities and Nomura Securities. The target company established an independent special committee to ensure fairness. The target company\u2019s board of directors unanimously approved the tender offer and resolved to recommend shareholders and stock acquisition right holders to tender.\n\n### Post-Tender Offer Policy and Organizational Restructuring\nUpon successful completion of the tender offer, the target company will become a wholly-owned subsidiary. The acquirer group plans to leverage its capital base and technological capabilities to expand business areas and enhance competitiveness. Following the acquisition, procedures such as squeeze-out through share purchase requests and stock consolidation will be conducted to privatize the target company\u2019s shares. The employment and treatment of the target company\u2019s employees are expected to be maintained basically as is.","jir_financial_highlights":"Number of shares planned for acquisition (common stock): 45,524,628 shares (Unknown)\nMinimum number of shares planned for acquisition: 29,659,800 shares (Unknown)\nAcquisition price (per common share): 530 yen (49.72% premium over the previous business day's closing price of 354 yen)\nAcquisition price (per stock acquisition right): 105,800 yen (Unknown)\nTotal acquisition amount: 24,128 million yen (Unknown)\nTender offer period: From February 5, 2026, to March 23, 2026 (30 business days) (Unknown)\nTarget\u2019s net sales for the third quarter ending March 2026: 26,905 million yen (Unknown)\nTarget\u2019s operating income for the third quarter ending March 2026: 1,211 million yen (Unknown)\nTarget\u2019s quarterly net income attributable to owners of parent for the third quarter ending March 2026: 751 million yen (Unknown)","jir_category":"","jir_hashtags":"#YokogawaBridgeHoldingsCorporation, #TenderOffer, #TOB, #JapaneseStocks","jir_key_figures":"Number of shares planned for acquisition: 45,524,628 shares (common stock)\nAcquisition price: 530 yen (per share, 49.72% premium over previous business day closing price of 354 yen)\nTotal acquisition amount: 24,128 million yen","jir_meta_title":"Yokogawa Bridge Holdings Corporation Commences Tender Offer for BR Holdings Corporation Shares at 530 Yen","jir_meta_description":"Yokogawa Bridge Holdings Corporation has begun a tender offer to acquire 45,524,628 shares of BR Holdings Corporation at 530 yen per share. The offer period runs from February 5, 2026, to March 23, 2026.","jir_og_title":"Yokogawa Bridge HD Launches Tender Offer for BR HD Shares","jir_og_description":"Yokogawa Bridge Holdings Corporation is launching a tender offer at 530 yen per share for BR Holdings Corporation aiming for full ownership.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9372,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-24136","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n