The tender offer by Caron Holdings Co., Ltd. for 32,359,329 shares of common stock of Mandom Corporation was successful, and as of March 4, 2026, the parent company and major shareholder will change, with the voting rights ownership ratio expected to reach 71.69%.<\/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":"4917","jir_company_name":"Mandom Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-02-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/4917-20260226-01.pdf","jir_short_summary":"The tender offer by Caron Holdings Co., Ltd. for 32,359,329 shares of common stock of Mandom Corporation was successful, and as of March 4, 2026, the parent company and major shareholder will change, with the voting rights ownership ratio expected to reach 71.69%.","jir_summary":"### Overview of Tender Offer Results and Change of Parent Company\nCaron Holdings Co., Ltd. conducted a tender offer for the common shares of Mandom Corporation from September 26, 2025 to February 25, 2026. The number of shares tendered totaled 32,359,329 shares, exceeding the lower limit of the planned acquisition volume of 25,285,200 shares, thus the tender offer was established. Consequently, as of March 4, 2026, Caron Holdings Co., Ltd. is expected to become the parent company and the largest major shareholder of our company, with the voting rights ownership ratio reaching 71.69%.\n\n### Future Outlook and Squeeze-Out Procedures\nFollowing the tender offer, Caron Holdings Co., Ltd. plans to carry out squeeze-out procedures aimed at privatizing the company\u2019s shares. Accordingly, the shares of the company will be delisted from the Tokyo Stock Exchange Prime Market in accordance with its delisting criteria and prescribed procedures. After delisting, the company\u2019s shares will no longer be tradable. Specific details and timing of these procedures will be promptly disclosed upon determination after consultation with the tender offeror.","jir_financial_highlights":"Number of Shares Tendered: 32,359,329 shares (Exceeded the lower limit of planned acquisition volume of 25,285,200 shares, establishing the offer)\nTender Offer Price: 3,105 yen per common share (Unknown)\nVoting Rights Ownership Ratio (After Tender Offer): 71.69% (0% before change)","jir_category":"","jir_hashtags":"#MandomCorporation, #TenderOffer, #TOB, #ChangeOfParentCompany, #JapaneseStocks","jir_key_figures":"Number of Shares Tendered: 32,359,329 shares (exceeding the lower limit of planned acquisition volume of 25,285,200 shares)\nTender Offer Price: 3,105 yen per common share\nVoting Rights Ownership Ratio (After Tender Offer): 71.69%","jir_meta_title":"Caron Holdings' Tender Offer for Mandom Corporation Established, Acquiring 71.69% Voting Rights","jir_meta_description":"Caron Holdings Co., Ltd. has acquired 32,359,329 shares of common stock in Mandom Corporation through a tender offer. The parent company and major shareholder will change as of March 4, 2026. Privatization planned via squeeze-out procedures.","jir_og_title":"Tender Offer Results and Change of Parent Company for Mandom Corporation","jir_og_description":"The tender offer by Caron Holdings Co., Ltd. for Mandom Corporation has been established with a voting rights ownership ratio reaching 71.69%. Procedures toward privatization will proceed.","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-31360","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n