Source disclosure: January 21, 2026
Fast Fitness Japan Incorporated [7092.T]
TOKYO (January 21, 2026) — Fast Fitness Japan Incorporated announced today that its open tender offer by JG35 Corporation has concluded successfully as of January 20, 2026. The company also revealed potential changes to its parent company and major shareholders following the completion of the tender process on January 27, 2026.
The tender offer initiated by JG35 Corporation began on December 2, 2025, targeting both ordinary shares and subscription rights warrants issued by Fast Fitness Japan. According to the report received from JG35, the total number of securities submitted under the tender offer exceeded the minimum purchase target of 3,254,400 shares, ensuring the successful execution of the tender offer. Specifically, JG35 reported receiving offers for 8,712,921 ordinary shares and 333 subscription rights warrants.
As a result of this tender offer, JG35 is expected to become a new parent company and significant shareholder of Fast Fitness Japan starting January 27, 2026. This will occur because JG35's ownership stake, including aligned voting rights, will exceed 50% of the total voting power. Consequently, JG35’s indirect holding company, Oak Corporation, will also be considered a parent company due to its indirect shareholding through JG35.
Details about the new parent companies include JG35 Corporation, located in Minato Ward, Tokyo, established on October 21, 2025, with a capital of ¥300,050,000. It is wholly owned by JG29 Investment Limited Partnership. Additionally, Oak Corporation, headquartered in Saitama Prefecture, was founded on November 13, 2015, with a capital of ¥2 million, and is controlled by Mr. Akira Oka, who serves concurrently as the chairman of Fast Fitness Japan. Oak Corporation holds approximately 47.91 percent of Fast Fitness Japan's shares directly.
These changes signify a substantial shift in governance and control over Fast Fitness Japan, impacting future strategic decisions and operations. The company emphasized that these transitions would take effect upon the formal settlement of the tender offer on January 27, 2026.
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