{"id":28477,"date":"2026-02-12T21:47:06","date_gmt":"2026-02-12T12:47:06","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1888-20260212-03_wp_tender_offer\/"},"modified":"2026-02-12T21:47:06","modified_gmt":"2026-02-12T12:47:06","slug":"1888-20260212-03_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1888\/ir\/1888-20260212-03_wp_tender_offer\/","title":{"rendered":"Announcement Regarding Opinion Statement on Tender Offer for Our Shares by ACVE Holdings LLC"},"content":{"rendered":"<p>A tender offer will be conducted from February 13 to March 13, 2026, targeting 1,071,262 shares (8.42%) at 4,455 yen per common share, aiming for consolidation of Wakachiku Construction into the Aso Group as a consolidated subsidiary.<\/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 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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":"1888","jir_company_name":"Wakachiku Construction Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-02-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/1888-20260212-03.pdf","jir_short_summary":"A tender offer will be conducted from February 13 to March 13, 2026, targeting 1,071,262 shares (8.42%) at 4,455 yen per common share, aiming for consolidation of Wakachiku Construction into the Aso Group as a consolidated subsidiary.","jir_summary":"### Summary and Purpose of the Tender Offer\nACVE Holdings LLC (100% funded by Aso) will conduct a tender offer targeting 1,071,262 shares (8.42%) of Wakachiku Construction Co., Ltd.'s common stock at 4,455 yen per share from February 13 to March 13, 2026. The purpose is to make Wakachiku Construction a consolidated subsidiary of the Aso Group. The listing on the Tokyo Stock Exchange Prime Market is expected to be maintained even after the tender offer is completed. The upper limit of shares to be purchased corresponds to 50.10% of the total issued shares, ensuring the ratio of tradable shares does not fall below the 35% listing maintenance standard.\n\n### Board of Directors' Opinion and Future Policy\nThe Board of Directors of Wakachiku Construction has expressed support for the tender offer and resolved to leave the decision for shareholders to participate up to each shareholder. A capital and business alliance agreement with the Aso Group has also been concluded, expecting business synergies and enhanced corporate value through strengthened cooperation. Even after the tender offer is completed, the management system and independence of Wakachiku Construction will be respected. The Aso Group plans to dispatch directors and observers but does not currently anticipate dismissing existing officers.","jir_financial_highlights":"Tender Offer Price: 4,455 yen (Unknown)\nNumber of Shares Planned to be Purchased: 1,071,262 shares (Unknown)\nOwnership Ratio of Shares Planned to be Purchased: 8.42% (Unknown)\nAso's Number of Shares Owned: 5,424,200 shares (Unknown)\nAso's Ownership Ratio: 42.63% (Unknown)\nTender Offer Period: 2026-02-13 to 2026-03-13 (20 business days) (Unknown)","jir_category":"","jir_hashtags":"#WakachikuConstructionCoLtd, #TenderOffer, #TOB, #CapitalAndBusinessAlliance, #JapaneseStocks","jir_key_figures":"Tender Offer Price: 4,455 yen\/share\nNumber of Shares Planned to be Purchased: 1,071,262 shares (8.42%)\nAso's Number of Shares Owned: 5,424,200 shares (42.63%)","jir_meta_title":"Commencement of Tender Offer by ACVE Holdings LLC for Wakachiku Construction Co., Ltd. and Conclusion of Capital and Business Alliance Agreement","jir_meta_description":"A tender offer will be conducted from February 13, 2026, targeting 1,071,262 shares of Wakachiku Construction Co., Ltd. common stock at 4,455 yen per share. The aim is consolidation into the Aso Group while maintaining the listing under a capital and business alliance agreement.","jir_og_title":"Announcement of Tender Offer Commencement and Capital and Business Alliance Agreement with Wakachiku Construction","jir_og_description":"ACVE Holdings LLC conducts a tender offer for Wakachiku Construction shares aiming for consolidation into the Aso Group. A capital and business alliance agreement with listing maintenance conditions has also been concluded.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17154,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-28477","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>Announcement Regarding Opinion Statement on Tender Offer for Our Shares by ACVE Holdings LLC - 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-1888\/ir\/1888-20260212-03_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-1888\/ir\/1888-20260212-03_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1888\/ir\/1888-20260212-03_wp_tender_offer\/\",\"name\":\"Announcement Regarding Opinion Statement on Tender Offer for Our Shares by ACVE Holdings LLC - 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