The public tender offer by Terra Co., Ltd. has been completed with settlement starting from August 10. As a result of the tender offer, the parent company and major shareholders have shifted to Luna Co., Ltd., while Tommy Corporation maintains its status as a major shareholder. Going forward, delisting procedures and organizational restructuring are planned.<\/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":"3544","jir_company_name":"Satsudo Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-04","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3544-20260804-01.pdf","jir_short_summary":"The public tender offer by Terra Co., Ltd. has been completed with settlement starting from August 10. As a result of the tender offer, the parent company and major shareholders have shifted to Luna Co., Ltd., while Tommy Corporation maintains its status as a major shareholder. Going forward, delisting procedures and organizational restructuring are planned.","jir_summary":"### Key points of this matter\nThis public tender offer has been completed, with the total number of applying shares of 7,290,251 exceeding the lower threshold of the tender, resulting in acquisition of all shares. The tender price is 1,260 yen. After the tender, Luna Co., Ltd. becomes the parent company and major shareholder, with Terra remaining involved through indirect ownership. Settlement start date is 2026-08-10. In the future, delisting procedures and a general meeting of shareholders will consider stock consolidation and charter amendments.\n\n### Outlook and impact\nAfter the tender is completed, the shareholder composition of the target will be limited to the tenderer and Tommy Corporation, and delisting procedures are expected to proceed. Details of settlement date and procedures are under discussion. Substantial changes in shareholder structure may affect dilution and listing market handling.","jir_financial_highlights":"Total number of applying shares: 7,290,251 shares (Meets the conditions for completion of the tender offer)\nPlanned tender shares: 8,805,475 shares (Exceeds the lower threshold of 4,165,800 shares to meet completion)\nTender offer price: 1,260 yen (As announced)\nNew parent company: Luna Co., Ltd. (Tender offer settlement start date = 2026-08-10)\nNew major shareholder's principal shareholder: Terra Co., Ltd. (offeror) \u2192 indirect holding of Luna shares (Voting rights ratio 52.90%)","jir_category":"","jir_hashtags":"#SatsudoHoldings, #TOB, #Terra, #LunaShareholding","jir_key_figures":"Total number of applying shares: 7,290,251 shares\nTender price: 1,260 yen\nNew parent company: Luna Co., Ltd.\nNew voting rights ratio: 52.90% (in the name of Luna Co., Ltd.)\nDelisting target: planned delisting after stock consolidation","jir_meta_title":"\u3010Satsudo Holdings\u3011Announcement of Tender Offer Completion and Parent Company Transition | August 2026","jir_meta_description":"Terra's tender offer has been completed. The new parent company will be Luna Co., Ltd., with a voting rights ratio of 52.90%. Settlement is scheduled to commence on August 10, 2026. Also notes on delisting procedures and organizational restructuring.","jir_og_title":"\u3010Satsudo Holdings\u3011Tender Offer Completion and New Structure Announcement","jir_og_description":"Summary of Terra's TOB completion and parent company transition. Explains settlement start date and forward procedures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58759,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-94403","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n