{"id":40292,"date":"2026-04-13T15:53:28","date_gmt":"2026-04-13T06:53:28","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4206-20260413-01_wp_tender_offer\/"},"modified":"2026-04-13T15:53:28","modified_gmt":"2026-04-13T06:53:28","slug":"4206-20260413-01_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4206\/ir\/4206-20260413-01_wp_tender_offer\/","title":{"rendered":"(Progress of Disclosure) Notice on the Progress of the Tender Offer for Stylam Industries Limited in India"},"content":{"rendered":"<p>The tender offer period for Stylam Industries Limited in India is from April 22, 2026, to May 6, 2026, with the acquisition expected to complete between June and July.<\/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":"4206","jir_company_name":"Aica Kogyo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4206-20260413-01.pdf","jir_short_summary":"The tender offer period for Stylam Industries Limited in India is from April 22, 2026, to May 6, 2026, with the acquisition expected to complete between June and July.","jir_summary":"### Overview of the Tender Offer\nAica Kogyo Co., Ltd. resolved at its Board of Directors meeting on December 26, 2025, to acquire shares of Stylam Industries Limited in India, a manufacturer and seller of melamine decorative boards and others, and make it a consolidated subsidiary. Along with the share acquisition under a share transfer agreement with the founding family shareholders, the company plans to conduct a tender offer based on Indian tender offer regulations.\n\n### Progress and Future Outlook of the Tender Offer\nAs of March 31, 2026, the start date of the tender offer, which was undecided, is now expected to be from April 22 to May 6, 2026, due to progress in obtaining approvals from Indian authorities. The completion timing of the share acquisition is expected to be between June and July, depending on the application status, and the company will continue to take necessary measures.","jir_financial_highlights":"Tender Offer Period: April 22, 2026 \u2013 May 6, 2026 (Unknown)\nExpected Completion Period of Share Acquisition: June \u2013 July 2026 (Unknown)\nTarget Company: Stylam Industries Limited (Chandigarh, India) (Unknown)","jir_category":"","jir_hashtags":"#AicaKogyoCoLtd, #TenderOffer, #TOB, #India, #MandA","jir_key_figures":"Tender Offer Period: April 22, 2026 \u2013 May 6, 2026\nExpected Completion Period of Share Acquisition: June \u2013 July 2026\nTarget Company Location: Chandigarh, India","jir_meta_title":"[Aica Kogyo] Tender Offer Period Set for Stylam Industries Limited in India\uff5cApril 2026","jir_meta_description":"Aica Kogyo Co., Ltd. plans to conduct a tender offer for shares of Stylam Industries Limited in India from April 22 to May 6, 2026. The share acquisition is expected to complete from June to July.","jir_og_title":"[Aica Kogyo] Tender Offer Period Set for Stylam Industries Limited in India\uff5cApril 2026","jir_og_description":"Aica Kogyo will conduct a tender offer for shares of Stylam Industries Limited in India from April 22 to May 6, 2026. Completion is scheduled between June and July.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8856,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-40292","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>(Progress of Disclosure) Notice on the Progress of the Tender Offer for Stylam Industries Limited in India - 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-4206\/ir\/4206-20260413-01_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-4206\/ir\/4206-20260413-01_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4206\/ir\/4206-20260413-01_wp_tender_offer\/\",\"name\":\"(Progress of Disclosure) Notice on the Progress of the Tender Offer for Stylam Industries Limited in India - 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