Kinden, the tender offeror, conducted a public tender offer for Kodenko Co., Ltd. shares, and because the total number of tendered shares exceeded the lower limit, all outstanding shares will be purchased. The tender offer began on May 25, with results announced on July 6, and settlement to commence on July 13. The target company’s shares are planned to be transferred to a subsidiary of the tender offeror, with delisting under consideration.<\/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":"1944","jir_company_name":"Kinden Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/1944-20260707-01.pdf","jir_short_summary":"Kinden, the tender offeror, conducted a public tender offer for Kodenko Co., Ltd. shares, and because the total number of tendered shares exceeded the lower limit, all outstanding shares will be purchased. The tender offer began on May 25, with results announced on July 6, and settlement to commence on July 13. The target company's shares are planned to be transferred to a subsidiary of the tender offeror, with delisting under consideration.","jir_summary":"### Overview of this Public Tender Offer\nThis public tender offer is a project in which the tender offeror intends to acquire the target company's shares. The number of shares subject to the tender is 3,714,499 shares, which exceeds the lower limit of 1,336,800 shares, leading to the decision to proceed with the tender. The tender price is 11,501 yen per share, and the period runs from May 26 to July 6. The settlement start date is July 13. The target company's shares are planned to transfer to a related company of the tender offeror, and delisting procedures are also under consideration.\n\n### Outlook and Impact\nAfter the tender offer, the target company's shares will belong to a related company of the tender offeror, and the impact on future consolidated earnings is under review. The target's financial indicators have shown steady trends in assets, sales, and profits over the past three years, and this change could strengthen business operations through measured integration. On the other hand, there is a possibility of delisting procedures, which could affect liquidity and market valuation of the shares.","jir_financial_highlights":"Number of shares in tender offer, etc.: 3,714,499 shares (No upper limit for tender offer quantity; upper than the lower limit of 1,336,800 shares)\nTender offer price: 11,501 yen (Unknown)\nAcquisition value: \u00a542,720,000,000 (Unknown)\nNumber of acquired shares: 3,714,499 shares (Unknown)","jir_category":"","jir_hashtags":"#Kinden, #TOB, #Kodenko","jir_key_figures":"Number of shares in tender offer, etc.: 3,714,499 shares\nTender offer price: 11,501 yen\nAcquisition value: \u00a542,720,000,000","jir_meta_title":"[Kinden] TOB Results for Kodenko and Related Subsidiary Changes Announced | July 2026","jir_meta_description":"Summary of the TOB results for Kodenko by Kinden and key points of related subsidiary changes. Includes tendered shares, price, settlement start date, and other essential items.","jir_og_title":"[Kinden] TOB Results for Kodenko and Related Subsidiary Changes Announced | July 2026","jir_og_description":"Overview of Kinden's TOB results for Kodenko and related subsidiary changes. Key points including number of tendered shares, price, and settlement date.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7480,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-76973","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n