Sat, Oct 31, 2026中文About
Filings today 2 / Covered 1
Source: TDnet timely disclosures
Updated 10/31 09:30M&A / TOB 1 Guidance 0 Buybacks 0 Dividends 0 Capital 0 Earnings 0 People 0

Japan Tender Offers (TOB) List 2026

Tender offers for Tokyo-listed companies: offer price, period and bidder, each linked to the TDnet filing.

DateCompanyStoryKey Figures
10/31Hikari Tsushin, Inc. (9435.T)Leopalace21 tender at ¥1,000 a share ends; Hikari Tsushin to hold 34% of joint vehicleOffer price: ¥1,000 per common share
Offer period: Sept. 15-Oct. 30, 2026
Hikari Tsushin's planned voting stake in K892: 34.0%
10/30Global Security Expert Inc. (4417.T)Accenture Japan launches ¥8,500-a-share tender offer for Global Security ExpertTender offer price: ¥8,500
Minimum shares: 983,100 shares
Non-tendering stake: 59.83%
10/30Dentsu Soken (4812.T)Itochu-backed VIC to launch ¥2,880-a-share tender offer for Dentsu Soken on Nov. 2Tender offer price: ¥2,880
Minimum shares: 9,340,400 shares
Offer period: Nov. 2-Dec. 2, 2026 (21 business days)
10/30Business Brain Ota Showa (9658.T)Business Brain Ota Showa to exit GSX stake in Accenture deal, sees ¥17,054 mln gainExpected gain on sale: ¥17.054 billion
Share buyback price: ¥5,835 per share
Tender offer price: ¥8,500 per share
10/30Itochu Shoji (8001.T)Itochu to launch ¥2,880-a-share tender offer for Dentsu Soken on Nov. 2Offer price: ¥2,880 per share
Offer period: Nov. 2-Dec. 2, 2026 (21 business days)
Minimum shares: 9,340,400 shares
10/06BASE, Inc. (4477.T)SBI unit extends ¥340-per-share tender offer for BASE to Oct. 21Tender offer price: ¥340 per share
Offer period: Aug. 31-Oct. 21, 2026 (34 business days)
Maximum shares: 23,792,300 shares
10/06JPMC (3276.T)JPMC MBO tender offer succeeds with 9,057,536 shares tendered; delisting plannedShares tendered: 9,057,536 shares
Minimum purchase: 5,049,300 shares
Each bidder's voting stake after settlement: 27.05%
10/06Bodorua (4413.T)Bodorua's MBO tender offer succeeds; Bain-linked buyer to hold 85.68% of votesShares tendered: 10,365,448 shares
Minimum threshold: 3,135,200 shares
Offeror's voting rights after change: 85.68%
10/05BASE, Inc. (4477.T)BASE says major shareholder to resume buying, seeks over 30% stake amid SBI bidTender offer ends: Oct. 15, 2026 (30 business days)
Major shareholder's target holding: Above 30%
Share purchases resume: From Oct. 2, 2026
10/01ALSOK Co., Ltd. (2331.T)ALSOK to make Nippon Dry-Chemical a subsidiary, lifting stake to 51.2%Voting stake: 28.0% → 51.2%
Shares acquired: 333,397 shares
Tender offer loan cap: ¥49.0 billion
09/30SBI Holdings (8473.T)SBI asset manager, insurer sign merger pact for April 2027; BASE tender extendedMerger effective date (planned): April 1, 2027
Tender offer price: ¥340 per share
Extended offer period: Aug. 31-Oct. 15, 2026 (30 business days)
09/30BASE, Inc. (4477.T)SBI unit extends BASE tender offer to Oct. 15; ¥340 price unchangedOffer price: ¥340 per share
Offer period (revised): Aug. 31-Oct. 15, 2026 (30 business days)
Maximum shares sought: 23,792,300 shares
09/30Kakaku.com, Inc. (2371.T)Kamgras 1 raises Kakaku.com tender offer to ¥3,681, extends deadline to Oct. 14Tender offer price per share: ¥3,681 (from ¥3,680)
Offer period: May 13-Oct. 14, 2026 (105 business days)
Minimum tender: 34,941,000 shares
09/29Kakaku.com (2371.T)Kamgras 1 raises Kakaku.com tender offer to ¥3,681, extends offer to Oct. 14Tender offer price: ¥3,681 per share (from ¥3,680)
Offer period ends: Oct. 14, 2026 (105 business days in total)
Rival planned offer price: ¥3,597
09/28Project Holdings (9246.T)Blackstone-backed TX1 launches ¥2,200-a-share tender offer for Project HoldingsTender offer price: ¥2,200 per share
Offer period: Sept. 29-Nov. 11, 2026 (30 business days)
Minimum tender: 3,554,400 shares
09/25HYUGA PRIMARY CARE Co., Ltd. (7133.T)HYUGA PRIMARY CARE backs ¥2,110-per-share MBO tender offer by JG44Offer price per share: ¥2,110 per share
Offer period: Sept. 28-Nov. 10, 2026
Minimum tender: 1,518,400 shares
09/25Sankei Real Estate Inc. (2972.T)City Index Fifth launches ¥125,000-per-unit bid to take Sankei Real Estate privateTender offer price: ¥125,000 per unit
Offer period: Sept. 28-Nov. 10, 2026
Minimum tender: 118,732 units
09/25CUC Inc. (9158.T)CUC to keep 840,000 HYUGA PRIMARY CARE shares out of JG44 tender offerShares not tendered: 840,000 shares
Voting stake in JG44 after deal: 11.09%
Tender offer period (planned): Sept. 28-Nov. 10, 2026