Source disclosure: January 23, 2026
MAMEZO CO.,LTD. [202A.T]
TOKYO — Mamezo Co., Ltd., listed on the Tokyo Stock Exchange's Growth Market under code number 202A, announced today that its board of directors has endorsed and supported a tender offer by Roodhalsgans 1 Co., Ltd. for the company’s shares and subscription rights. The board also recommended shareholders remain neutral regarding whether to tender their holdings.
The decision was made during a board meeting held on January 23, 2026. The board resolved to express support for the tender offer while maintaining neutrality about whether shareholders should participate. This recommendation is based on the assumption that the tender offer will result in Mamezo becoming a wholly-owned subsidiary of Roodhalsgans 1 Co., Ltd., leading to delisting from the Tokyo Stock Exchange.
Roodhalsgans 1 Co., Ltd., established on November 28, 2025, aims to acquire all outstanding shares and subscription rights of Mamezo except those owned by M&I Corporation (holding 10,912,500 shares, representing 65.94% ownership). According to the terms of the tender offer, ordinary shares will be purchased at JPY 3,551 per share, while various subscription rights will be bought back at JPY 634 each for the first three issues and JPY 550 for the fourth issue.
The rationale behind the board's endorsement includes an assessment of the fairness and transparency measures taken by Roodhalsgans 1 Co., Ltd. These measures include obtaining approval from independent directors who have no conflict of interest with the transaction. Additionally, the board considered the background of Roodhalsgans 1 Co., Ltd.'s parent entity, Roodhalsgans 2 Co., Ltd., which is indirectly controlled by MMG Fund through Roodhalsgans Limited, a Luxembourg-based special limited partnership managed by EQT AB, a Swedish private equity firm known for its commitment to sustainable growth and long-term value creation. EQT manages approximately €267 billion ($48 trillion) across over 50 active funds as of September 30, 2025, and operates globally with offices in Europe, Asia, and North America.
AI-translated content. 🟢 Confidence: High See terms • Original filing