Kaga Electronics has lowered the minimum number of shares to be purchased in Shin-Ko Trading’s tender offer to 15,988,500 shares, extended the period, and announced plans to proceed with going 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-07-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/8154-20260717-01.pdf","jir_short_summary":"Kaga Electronics has lowered the minimum number of shares to be purchased in Shin-Ko Trading's tender offer to 15,988,500 shares, extended the period, and announced plans to proceed with going private.","jir_summary":"### Overview of the Tender Offer\nKaga Electronics has reduced the minimum purchase quantity in Shin-Ko Trading\u2019s tender offer from 19,226,700 shares to 15,988,500 shares, and extended the period until August 3, 2026. The purchase price remains unchanged at 1,580 yen. By extending the period, it aims to provide shareholders with more time to decide and promote going private. The reduction in the planned purchase quantity considers voting rights ratio and shareholders\u2019 decision-making confidence.\n\n### Future Policy and Impact on Shareholders\nKaga Electronics plans to proceed with going private through share consolidation and additional acquisitions after the tender offer is successful. It will consider protecting minority shareholders\u2019 interests and ensuring fairness based on voting rights ratio and shareholders\u2019 approval, respecting shareholders\u2019 decisions. The change in purchase conditions aims to balance consideration for minority shareholders and the elimination of coercive pressures, ultimately aiming for going private.","jir_financial_highlights":"Minimum Purchase Quantity: 15,988,500 shares (Lowered (from 19,226,700 shares))\nTender Offer Period: From May 18, 2026 to August 3, 2026 (Extended (from 52 business days to 55 business days))\nPlanned Purchase Quantity: 15,988,500 shares (Adjustment due to lower limit)","jir_category":"","jir_hashtags":"#KagaElectronics, #TenderOffer, #JapaneseStocks","jir_key_figures":"Minimum purchase quantity: 15,988,500 shares\nTender offer period: May 18, 2026 \u2013 August 3, 2026\nPurchase price: 1,580 yen (unchanged)","jir_meta_title":"\u3010Kaga Electronics\u3011Change in Tender Offer Conditions and Going Private Plan | July 2026","jir_meta_description":"Kaga Electronics has lowered the tender offer conditions by Shin-Ko Trading, extended the period, and plans to go private. Detailed information explained.","jir_og_title":"\u3010Kaga Electronics\u3011Change in Tender Offer Conditions and Going Private | July 2026","jir_og_description":"Kaga Electronics plans to lower Shin-Ko Trading\u2019s purchase conditions, extend the period, and proceed with going private. Latest investor information explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8968,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-82731","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n