NIPPON PALLET POOL CO.,LTD. tender offer
ID: 4690-20260202 / Deal data (JSON)
Overview
- Target
- NIPPON PALLET POOL CO.,LTD. (4690)
- Sector
- Services
- Acquirer
- Japan Pallet Rental Corporation
- Type
- TOB
- Status
- Closed
- Tender offer filing date
- 2026-02-02 Open on EDINET
Offer terms
| Item | Value | History |
|---|---|---|
| Offer price per common share | ¥2,510 [1] | — |
| Minimum shares | 787,200 shares [2] | — |
| Shares tendered | 1,414,800 shares [3] | — |
| Result | Successful [4] | — |
Premiums (as stated in filings)
| Basis | As of | Value |
|---|---|---|
| Closing price on the business day before announcement | — | 45.1%[5] |
| 1-month simple average closing price | — | 46.1%[5] |
| 3-month simple average closing price | — | 49.0%[5] |
| 6-month simple average closing price | — | 37.0%[5] |
Premiums are as stated in the filings (not recalculated from market prices).
Valuations
| Valuer | Engaged by | Method | Value per share | Discount rate | Perpetual growth rate |
|---|---|---|---|---|---|
| MUFG Bank, Ltd., Corporate Information Sales Division, Financial Development Office | Target | DCF method | ¥1,860 〜 ¥3,358[6] | 4.0% 〜 5.0%[7] | -0.3% 〜 0.3%[8] |
| MUFG Bank, Ltd., Corporate Information Sales Division, Financial Development Office | Target | Market price method (市場株価分析) | ¥1,685 〜 ¥1,832[9] | — | — |
Timeline (filings)
| Filing | Date | Filer | docID |
|---|---|---|---|
| Tender Offer Registration Statement | 2026-02-02 | Japan Pallet Rental Corporation | S100XIK4 |
| Position Statement | 2026-02-02 | NIPPON PALLET POOL CO.,LTD. | S100XIT4 |
| Amended Position Statement | 2026-02-17 | NIPPON PALLET POOL CO.,LTD. | S100XLUR |
| Amended Tender Offer Registration Statement | 2026-02-17 | Japan Pallet Rental Corporation | S100XLWD |
| Tender Offer Report | 2026-03-18 | Japan Pallet Rental Corporation | S100XRWB |
Sources
- Tender Offer Registration Statement (S100XIK4) 2026-02-02
Original text (Japanese): 公開買付者は、2026年1月30日付の取締役会において、本公開買付価格を2,510円として本公開買付けを実施することを決議いたしました。
- Tender Offer Registration Statement (S100XIK4) 2026-02-02
Original text (Japanese): 公開買付者は、本公開買付けにおいて787,200株(所有割合:49.74%)を買付予定数の下限として設定しており
- Tender Offer Report (S100XRWB) 2026-03-18
Original text (Japanese): 応募株券等の数の合計(1,414,800株)
- Tender Offer Report (S100XRWB) 2026-03-18
Original text (Japanese): 応募株券等の数の合計(1,414,800株)が買付予定数の下限(787,200株)以上となりましたので、公開買付開始公告及び公開買付届出書(その後提出された公開買付届出書の訂正届出書により訂正された事項を含みます。)に記載のとおり、応募株券等の全部の買付け等を行います。
- Position Statement (S100XIT4) 2026-02-02
Original text (Japanese): 本公開買付価格は、公表日の前営業日の終値、並びに直近1ヶ月間、直近3ヶ月間及び直近6ヶ月間の終値単純平均値に対するプレミアム(それぞれ 45.09%、46.10%、48.96%、37.01%)
- Position Statement (S100XIT4) 2026-02-02
Original text (Japanese): DCF分析 :1,860円から3,358円
- Position Statement (S100XIT4) 2026-02-02
Original text (Japanese): 割引率(加重平均資本コスト)は4.00%から5.00%を採用しております。
- Position Statement (S100XIT4) 2026-02-02
Original text (Japanese): 成長率を-0.25%~0.25%として
- Position Statement (S100XIT4) 2026-02-02
Original text (Japanese): 市場株価分析 :1,685円から1,832円