{"id":35902,"date":"2026-03-24T14:04:56","date_gmt":"2026-03-24T05:04:56","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6448-20260324-01_wp_tender_offer\/"},"modified":"2026-03-24T14:04:56","modified_gmt":"2026-03-24T05:04:56","slug":"6448-20260324-01_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6448\/ir\/6448-20260324-01_wp_tender_offer\/","title":{"rendered":"Notice Regarding the Result of the Tender Offer for Mutoh Holdings Co., Ltd. Shares (Securities Code: 7999) and Change in Subsidiaries (Change in Specified Subsidiaries)"},"content":{"rendered":"<p>Brother Industries, Ltd. completed a tender offer for 4,039,103 shares of Mutoh Holdings Co., Ltd. (voting rights ownership ratio of 88.01%) totaling approximately 30.82 billion yen, and plans to consolidate the company as a subsidiary on March 30, 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,"price_fetched_at":"","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":"6448","jir_company_name":"Brother Industries, Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6448-20260324-01.pdf","jir_short_summary":"Brother Industries, Ltd. completed a tender offer for 4,039,103 shares of Mutoh Holdings Co., Ltd. (voting rights ownership ratio of 88.01%) totaling approximately 30.82 billion yen, and plans to consolidate the company as a subsidiary on March 30, 2026.","jir_summary":"### Regarding the Result of the Tender Offer\nBrother Industries, Ltd. conducted a tender offer for ordinary shares of Mutoh Holdings Co., Ltd. from February 5 to March 23, 2026. The total tendered shares amounted to 4,039,103 shares, exceeding the minimum scheduled purchase of 3,042,700 shares, therefore all tendered shares were acquired. The purchase price was 7,626 yen per share, with an acquisition price totaling approximately 30.82 billion yen. As a result, Brother Industries\u2019 voting rights ownership ratio reached 88.01%, and Mutoh Holdings is scheduled to become a consolidated subsidiary and a specified subsidiary as of March 30, 2026.\n\n### Change in Subsidiaries and Future Outlook\nAs a result of this tender offer, Mutoh Holdings Co., Ltd. has become a consolidated subsidiary of Brother Industries and qualifies as a specified subsidiary due to owning 10% or more of the capital. The company\u2019s main business includes development, manufacturing, and sales of information imaging-related equipment and design measuring instruments. Moving forward, Brother Industries plans to proceed with procedures aimed at acquiring all remaining shares and intends to delist from the Tokyo Stock Exchange Standard Market. The impact on earnings guidance is currently under review and will be promptly disclosed if necessary.","jir_financial_highlights":"Number of Shares Acquired: 4,039,103 shares (Exceeds the minimum scheduled acquisition of 3,042,700 shares)\nAcquisition Price: 30,802 million yen (Unknown)\nPurchase Price (per Share): 7,626 yen (Unknown)\nVoting Rights Ownership Ratio After Purchase: 88.01% (Unknown)\nTarget Consolidated Net Sales (Fiscal Year Ending March 2025): 18,128 million yen (Year-over-Year +3.5% (17,507 million yen \u2192 18,128 million yen))\nTarget Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 1,373 million yen (Year-over-Year +79.8% (764 million yen \u2192 1,373 million yen))","jir_category":"","jir_hashtags":"#BrotherIndustriesLtd, #TenderOffer, #TOB, #Subsidiarization, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 4,039,103 shares (Voting Rights Ownership Ratio 88.01%)\nAcquisition Price: 30,802 million yen\nPurchase Price: 7,626 yen per share\nTarget Consolidated Net Sales (Fiscal Year Ending March 2025): 18,128 million yen\nTarget Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 1,373 million yen","jir_meta_title":"Brother Industries Completes Tender Offer for 4,039,103 Shares of Mutoh Holdings at Approximately 30.8 Billion Yen","jir_meta_description":"Brother Industries, Ltd. acquired 4,039,103 shares of Mutoh Holdings Co., Ltd. (voting rights ownership ratio 88.01%) and plans to consolidate the company as a subsidiary on March 30, 2026. The purchase price was 7,626 yen per share, with an acquisition price of approximately 30.82 billion yen.","jir_og_title":"Brother Industries Completes Tender Offer for Mutoh Holdings Shares","jir_og_description":"Brother Industries has acquired 4,039,103 shares of Mutoh Holdings and plans to consolidate the company as a subsidiary.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7650,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-35902","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>Notice Regarding the Result of the Tender Offer for Mutoh Holdings Co., Ltd. Shares (Securities Code: 7999) and Change in Subsidiaries (Change in Specified Subsidiaries) - 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-6448\/ir\/6448-20260324-01_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-6448\/ir\/6448-20260324-01_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6448\/ir\/6448-20260324-01_wp_tender_offer\/\",\"name\":\"Notice Regarding the Result of the Tender Offer for Mutoh Holdings Co., Ltd. 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