Kamgras 1 K.K. said on Sept. 29, 2026 it raised its tender offer price for Kakaku.com (2371) to ¥3,681 per share from ¥3,680 and extended the offer period to Oct. 14, for a total of 105 business days.
The offer, which began on May 13, covers Kakaku.com common shares and stock acquisition rights. Kamgras 1 had raised the price to ¥3,680 from ¥3,571 on Sept. 10.
According to the filing, a rival proposer acting under the name BCPE Blitz Cayman, L.P. announced on Sept. 16 a planned tender offer price of ¥3,597, and ¥3,720 conditional on reaching a non-tender agreement with KDDI. It changed the planned start of its offer from "mid-September 2026" to "undetermined."
Kamgras 1 said that under its May 12 tender offer agreement with Kakaku.com, the target can endorse a rival bid and recommend shareholders tender only if the rival price is at or above Kamgras 1's price. Under Kamgras 1's non-tender agreement with KDDI, a rival price must be at least 2% higher for KDDI to tender. Kamgras 1 said the rival proposal could not be considered sincere. The filing also said Kakaku.com's share price was trading above the tender offer price as of Sept. 29.
| Item | Price per share |
|---|---|
| Kamgras 1 offer (revised) | ¥3,681 |
| Rival planned offer | ¥3,597 |
| Rival conditional offer | ¥3,720 |
| KDDI threshold (revised) | ¥3,755 |
Oasis said on Aug. 18 it would not support a tender offer priced below ¥3,640. Kamgras 1 said it has held multiple discussions with Oasis since Sept. 10 on tendering, but nothing has been decided.
Kamgras 1 filed an amended tender offer registration statement on Sept. 29, and the offer period now runs through Oct. 14, 2026, 10 business days after the filing, for a total of 105 business days.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
Summaries of public disclosures by Japanese listed companies. Not investment advice; accuracy not guaranteed. Figures and dates in the TDnet originals prevail.
本站內容為日本上市公司公開開示之摘要整理，非投資建議，亦不保證正確。數字與日程以 TDnet 原文為準。
本サイトは日本の上場企業の適時開示を要約したものであり、投資助言ではありません。正確性は保証しません。数値・日程は TDnet の原文が優先します。