Source disclosure: February 09, 2026
MANDOM CORPORATION [4917.T]
TOKYO, Feb 9 (Kyodo) -- Mandom Corp., listed on the Tokyo Stock Exchange's Prime Market under code 4917, has received support from its board regarding a tender offer initiated by Koron Holdings Co. The company's board recommends that shareholders tender their shares in response to the revised offer price.
Koron Holdings announced today that it will revise the tender offer price for Mandom's common stock following an agreement reached with the target company. Initially launched on Sept. 26, 2025, the tender offer aims to delist Mandom through a series of transactions. On Feb. 6, 2026, Koron Holdings proposed changing the tender offer price per share from the previously stated amount to 3,105 yen per share, contingent upon Mandom's board approving and recommending the offer to its shareholders. Today, Koron Holdings confirmed receipt of Mandom's approval and recommendation, leading to the official decision to implement this new pricing structure.
Details of the revised tender offer, including updated press releases and amended tender offer documents, are expected to be disclosed later today once finalized. Investors are advised to consult these materials for comprehensive information. This announcement is not intended as a solicitation but rather as a public disclosure required by law. It should be noted that the tender offer adheres to Japanese legal procedures and disclosure standards, which may differ from those in the United States. Specifically, certain provisions of the U.S. Securities Exchange Act of 1934 do not apply to this transaction. Additionally, any discrepancies between English and Japanese versions of related documents will be resolved in favor of the Japanese version.
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