Source disclosure: January 28, 2026
TOIN CORPORATION [7923.T]
TOKYO, Jan 28 (Kyodo) -- Toin Corporation, represented by President Takahashi Tai and managed by Executive Director Sakamoto Masao of the Corporate Planning Division, has issued an announcement regarding corrections to its previous statements concerning CSRI5 Inc.'s tender offer for the company's ordinary shares. The original statement was published on December 22, 2025, followed by partial revisions on December 26, 2025, and January 20, 2026.
The latest correction pertains to certain inaccuracies within the content detailing the public tender offer initiated by CSRI5 Inc., which targets Toin Corporation’s ordinary shares. According to the revised information, CSRI5 Inc. has entered into tender agreements ("tender contracts") with significant shareholders including Yamashina Takeo, Yamashina Shinta, Yamashina Mitsuho, Furukawa Tomoko, and Yamashina Satoshi, collectively referred to as "Yamashina Family Contracting Shareholders." These individuals hold a combined total of 1,354,417 shares, representing 26.91% of the outstanding shares.
Additionally, other major shareholders such as Artience Co., Ltd., Bandai Namco Holdings Inc., Sumitomo Mitsui Trust Bank, and others have also agreed to tender their shares under similar arrangements. Collectively, these contracting shareholders own 3,359,330 shares, accounting for 66.74% of the total shareholding, exceeding the minimum purchase target set by CSRI5 Inc. at 3,355,500 shares.
Furthermore, some shareholders who are members of the Toiin Kyoeikai holding society have committed to allowing the society to tender all of its shares held through them without objection. In the event that the society is unable to complete the necessary procedures due to legal or procedural issues, these shareholders agree to withdraw from the society and tender their individual holdings directly. This includes shareholders like Artience Co., Ltd., Tokkyo Corp., Komori Corporation, Tsujikawa Co., Ltd., Bunkodo Co., Ltd., Murata Kinpaku Co., Ltd., Shiroki Holdings Corp., Cedarum Co., Ltd., Prince Holdings Co., Nippon Paper Pulp & Trading Co., Seiwa Transport Co., Ltd., and Prince Material Co., Ltd.
These detailed agreements ensure a high level of commitment from key stakeholders towards the successful completion of the tender offer process. For more specifics on the tender agreements, interested parties are directed to section four of the document titled “Important Agreements Related to the Public Tender Offer.”
AI-translated content. 🟢 Confidence: High See terms • Original filing