Source disclosure: January 20, 2026
CANON INC. [7751.T]
TOKYO — Canon Inc., represented by Chairman and CEO Fujio Mitarai, announced on January 20, 2026, that its tender offer to acquire shares of Canon Electronics Inc. (stock code: 7739), listed on the Tokyo Stock Exchange's Prime Market, has concluded successfully as of January 19, 2026.
The tender offer was first approved during a board meeting held on November 28, 2025, and was launched on December 1, 2025. The offer aimed to purchase ordinary shares of Canon Electronics Inc. at a price of ¥3,650 per share. According to the terms set forth, Canon Inc. committed to acquiring up to 18,402,179 shares, with a minimum threshold of 4,738,100 shares required for the transaction to proceed. Upon conclusion, the total number of shares tendered amounted to 13,470,819, exceeding the stipulated minimum requirement.
The successful acquisition will significantly increase Canon Inc.'s ownership stake from 55.01% before the tender offer to 87.94% after completion. This substantial increase underscores Canon Inc.’s strategic intent to consolidate control over Canon Electronics Inc., enhancing operational synergy within the group.
Furthermore, the settlement process is scheduled to commence on January 26, 2026, facilitated through Mizuho Securities Co., Ltd. and Rakuten Securities Inc. acting as agents for the tender offer. Shareholders whose bids were accepted will receive notification via mail, followed by payment of the agreed-upon amount directly to their designated bank accounts or other specified locations. This comprehensive approach ensures smooth execution and transparency throughout the entire acquisition process.
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