Denka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. made a partial correction to the announcement regarding the commencement of the tender offer for Kainos Corporation on March 5, 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Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/4061-20260305-01.pdf","jir_short_summary":"Denka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. made a partial correction to the announcement regarding the commencement of the tender offer for Kainos Corporation on March 5, 2026.","jir_summary":"### Details of the Tender Offer Correction\nDenka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. commenced a tender offer for common shares of Kainos Corporation on February 9, 2026. Upon receipt of a notification from the Japan Fair Trade Commission, corrections to certain statements in the tender offer notification and the public notice of tender offer commencement were made. Consequently, on March 5, 2026, a correction notification was submitted to the Director of the Kanto Finance Bureau. The correction mainly involved amendments to the articles related to the conditions for withdrawal of the tender offer, with no changes to the tender offer conditions themselves.\n\n### Details on Withdrawal Conditions of the Tender Offer\nThe corrections clarified that if the board of directors of the target company decides, as of the record date preceding the settlement date, to distribute dividends from surplus or acquire treasury stock, or if there are false statements in significant statutory disclosure documents or termination\/suspension of important contracts or transactions, the tender offer may be withdrawn. These measures are intended to prevent significant impairment of the target company's asset value.","jir_financial_highlights":"Book value of net assets on a standalone basis for the most recent fiscal year of the subject party: 677,517 thousand yen (Unknown)\nTender Offer Commencement Date: 2026-02-09 (Unknown)\nDate of Submission of Correction Notification: 2026-03-05 (Unknown)","jir_category":"","jir_hashtags":"#DenkaCompanyLimited, #TenderOffer, #TOB, #Kainos, #IR","jir_key_figures":"Amount equivalent to 10% of the book value of net assets on a standalone basis of the target company: 677,517 thousand yen\nTender Offer Commencement Date: 2026-02-09\nDate of Submission of Correction Notification: 2026-03-05","jir_meta_title":"Denka Company Limited Announces Correction to Tender Offer Commencement Notice for Kainos Corporation (March 5, 2026)","jir_meta_description":"Denka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. made a partial correction to the announcement regarding the commencement of the tender offer for Kainos Corporation on March 5, 2026. The main content involves clarifications on withdrawal conditions.","jir_og_title":"Denka Company Limited Announces Correction to Kainos Tender Offer Notice","jir_og_description":"Denka Company Limited announced a partial correction to the tender offer commencement notice for Kainos Corporation on March 5, 2026, including revisions to the withdrawal conditions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8858,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-33365","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n