The tender offer price has been raised to 3,105 yen, and the tender offer period extended until February 25, 2026. The offeror plans to increase investment from 61 billion yen to 89 billion yen and has resolved to support the MBO and recommend tendering.<\/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":"2026-02-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/4917-20260210-01.pdf","jir_short_summary":"The tender offer price has been raised to 3,105 yen, and the tender offer period extended until February 25, 2026. The offeror plans to increase investment from 61 billion yen to 89 billion yen and has resolved to support the MBO and recommend tendering.","jir_summary":"### Overview and Changes of the Tender Offer\nConcerning the tender offer by Caron Holdings Co., Ltd. for Mandom Corporation, the tender offer price has been raised from the previous 2,600 yen to 3,105 yen, and the tender offer period has been extended until February 25, 2026. The offeror plans to receive an investment of 89 billion yen from the parent company at the time of the tender offer\u2019s success and expects a loan of 60 billion yen from MUFG Bank. The tender offer is classified as a Management Buyout (MBO), with Mr. Motonobu Nishimura and Mr. Ken Nishimura continuing their involvement in management.\n\n### Future Schedule and Organizational Restructuring Policy\nAfter the tender offer is completed, an extraordinary shareholders meeting will be held around late April 2026 to approve a share consolidation and the abolition of the unit share system under the Companies Act. The offeror will conduct multiple share transfers, establish a new holding company (such as KLA HD), and through squeeze-out procedures and real estate sales, will aim to concentrate management resources and reduce interest-bearing liabilities. The Nishimura family shareholders will maintain a 20.2% holding ratio through reinvestment and plan to pursue a public listing.","jir_financial_highlights":"Tender Offer Price: 3,105 yen (Raised following the 3rd purchase price change)\nTender Offer Period: Extended until February 25, 2026 (Extended from February 12, 2026)\nPlanned Investment Amount (Investment from Offeror's Parent Company): 89 billion yen (Increased from 61 billion yen)\nPlanned Loan Amount from MUFG Bank: 60 billion yen (Unknown)\nShares Agreed to Tender: 939,790 shares (Unknown)\nShares Agreed Not to Tender: 4,670,000 shares (Unknown)\nNishimura Family Shareholding Ratio (After Reinvestment): 20.2% (planned) (Unknown)","jir_category":"","jir_hashtags":"#MandomCorporation, #TenderOffer, #MBO, #TOB, #JapaneseStocks","jir_key_figures":"Tender Offer Price: 3,105 yen (after 3rd purchase price change)\nTender Offer Period: Extended until February 25, 2026\nPlanned Investment Amount from Offeror's Parent Company: 89 billion yen\nPlanned Loan Amount from MUFG Bank: 60 billion yen\nShares Agreed to Tender: 939,790 shares\nShares Agreed Not to Tender: 4,670,000 shares\nNishimura Family Shareholding Ratio (After Reinvestment): 20.2% (planned)","jir_meta_title":"Mandom Corporation: Tender Offer Price Raised to 3,105 Yen, Tender Offer Period Extended to February 25, 2026","jir_meta_description":"Caron Holdings has raised the tender offer price for Mandom Corporation to 3,105 yen and extended the tender offer period until February 25, 2026. They have resolved to support the MBO and recommend tendering. The investment amount is planned to increase to 89 billion yen.","jir_og_title":"Mandom Corporation Announces Tender Offer Price Increase and Period Extension","jir_og_description":"Caron Holdings has raised the tender offer price for Mandom Corporation to 3,105 yen and extended the period until February 25, 2026. They have resolved to support the MBO and recommend tendering.","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-26474","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n