Scheduled to delist on May 15, 2026. The share consolidation will consolidate 7,186,355 shares into one share, reducing the total number of issued shares from 22,535,463 to 3 shares. The tender offer price is 6,700 yen per share, and the tender offeror has already acquired 87.63% of the shares.<\/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":"3593","jir_company_name":"Hogi Medical Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3593-20260330-01.pdf","jir_short_summary":"Scheduled to delist on May 15, 2026. The share consolidation will consolidate 7,186,355 shares into one share, reducing the total number of issued shares from 22,535,463 to 3 shares. The tender offer price is 6,700 yen per share, and the tender offeror has already acquired 87.63% of the shares.","jir_summary":"### Overview of Share Consolidation and Privatization\nHogi Medical Co., Ltd. plans to implement a share consolidation on May 19, 2026, consolidating 7,186,355 shares into one share, following the acquisition of 87.63% of shares through a tender offer by the tender offeror, TCG2509 Co., Ltd., with the aim of privatization. As a result, the total number of issued shares will decrease from 22,535,463 to 3 shares, and the Company will be delisted from the Tokyo Stock Exchange Prime Market on May 15, 2026. Fractions of less than one share resulting from the consolidation will be sold to the tender offeror, and the proceeds will be distributed to shareholders. The tender offer price is 6,700 yen per share, which is considered a reasonable price with an appropriate premium for shareholders.\n\n### Measures to Ensure Fairness and Outlook\nTo ensure fairness of this transaction, an independent special committee has been established, and valuation reports were obtained from Nomura Securities and PwC Advisory, with legal advice received from legal advisors. The special committee unanimously recognized the fairness of the transaction, and the Board of Directors expressed support and recommends shareholders tender their shares. The tender offeror has set a purchase quantity exceeding the majority-of-the-minority threshold, considering protection of minority shareholders\u2019 interests. After delisting, shares will no longer be tradable on the Tokyo Stock Exchange Prime Market; however, the company aims to enhance corporate value in the medium to long term through privatization.","jir_financial_highlights":"Total Number of Issued Shares (Before Effective Date): 22,535,463 shares (Unknown)\nTotal Number of Issued Shares (After Effective Date): 3 shares (Significant decrease (approximately 1 per 7,511,821))\nShare Consolidation Ratio: Consolidation of 7,186,355 shares into 1 share (Unknown)\nTender Offer Price: 6,700 yen\/share (Unknown)\nOwnership Ratio of Tender Offeror: 87.63% (Unknown)\nScheduled Delisting Date: 2026-05-15 (New)","jir_category":"","jir_hashtags":"#HogiMedical, #CapitalPolicy, #ShareConsolidation, #Delisting, #Privatization","jir_key_figures":"Share Consolidation Ratio: Consolidation of 7,186,355 shares into 1 share\nTotal Number of Issued Shares (Before Consolidation): 22,535,463 shares\nTotal Number of Issued Shares (After Consolidation): 3 shares\nTender Offer Price: 6,700 yen\/share\nOwnership Ratio of Tender Offeror: 87.63%\nScheduled Delisting Date: 2026-05-15","jir_meta_title":"Hogi Medical Co., Ltd. Schedules Delisting on May 15, 2026 with Share Consolidation of 7,186,355 Shares into One Share","jir_meta_description":"Hogi Medical Co., Ltd. has acquired 87.63% of shares at a tender offer price of 6,700 yen and will consolidate 7,186,355 shares into one share. Scheduled to delist from the Tokyo Stock Exchange Prime Market on May 15, 2026.","jir_og_title":"Hogi Medical Co., Ltd. Announces Share Consolidation and Delisting","jir_og_description":"The tender offeror has acquired 87.63% of shares and will consolidate 7,186,355 shares into one share. Delisting is scheduled for May 15, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9238,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-37897","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n