Hokko Chemical Industry Co. (4992) said its board on Sept. 29 approved a group reorganization under which it will absorb wholly owned subsidiary Biei Hakudo Kogyo and take over the entire business of subsidiary Hokko Sangyo, while Hokko Sangyo absorbs Hokuko Packs, effective Dec. 1, 2026.
| 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 |
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