{"id":78744,"date":"2026-07-10T17:47:28","date_gmt":"2026-07-10T08:47:28","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7523-20260710-03_wp_corporate_restructuring\/"},"modified":"2026-07-10T17:47:28","modified_gmt":"2026-07-10T08:47:28","slug":"7523-20260710-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-03_wp_corporate_restructuring\/","title":{"rendered":"Notice on Implementation of MBO and Recommendation for Tender Offer"},"content":{"rendered":"<p>Largest news: tender offer price is 1,900 yen per ordinary share, minimum of 3,845,584 shares, period from 2026\/7\/13 to 2026\/8\/25. Within an MBO framework aimed at delisting, there is an agreement not to tender some shares held by Mr. Nozawa and Mr. Maki.<\/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":"7523","jir_company_name":"ARVIVAN Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7523-20260710-03.pdf","jir_short_summary":"Largest news: tender offer price is 1,900 yen per ordinary share, minimum of 3,845,584 shares, period from 2026\/7\/13 to 2026\/8\/25. Within an MBO framework aimed at delisting, there is an agreement not to tender some shares held by Mr. Nozawa and Mr. Maki.","jir_summary":"### Overview of this transaction\nARVIVAN is conducting an MBO by the tender offeror Orsay to acquire its shares and delist. The tender period is from July 13, 2026 to August 25, 2026, and the tender price is 1,900 yen per share. The minimum number of shares to be tendered is 3,845,584. After the tender succeeds, the company aims to delist through organizational restructuring, share consolidation, and share exchange.\n\n### Background and decision-making process\nMr. Nozawa proposed the MBO to expand the business while maintaining his control. Based on past proposals and negotiations, a Special Committee was established to ensure fairness. Based on evaluations by a third-party appraisal firm Streams, the tender offer price is deemed reasonable.","jir_financial_highlights":"Tender offer price: 1,900 yen per ordinary share (Unknown)\nMinimum number of shares to be tendered: 3,845,584 shares (Unknown)","jir_category":"","jir_hashtags":"#ARIVAN Co., Ltd., #MBO, #TenderOffer","jir_key_figures":"Tender offer price: 1,900 yen\nMinimum number of shares to be tendered: 3,845,584 shares\nTender period: 2026-07-13 to 2026-08-25","jir_meta_title":"\u3010ARIVAN Co., Ltd.\u3011MBO Tender Offer Overview and Organizational Restructuring Policy \uff5c July 2026","jir_meta_description":"ARIVAN is conducting a tender offer with a price of 1,900 yen per share, minimum of 3,845,584 shares, and period from 2026\/7\/13 to 8\/25. This explains the details of the MBO aiming for delisting and efforts to ensure fairness.","jir_og_title":"\u3010ARIVAN\u3011MBO Tender Offer Overview \uff5c July 2026","jir_og_description":"ARIVAN's tender offer is 1,900 yen per share, minimum of 3,845,584 shares, period from 2026\/7\/13-8\/25. Explains the establishment of a Special Committee to ensure fairness.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58299,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-78744","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 on Implementation of MBO and Recommendation for Tender Offer - 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-7523\/ir\/7523-20260710-03_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-03_wp_corporate_restructuring\/\",\"name\":\"Notice on Implementation of MBO and Recommendation for Tender Offer - 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