Newtech Co., Ltd. tender offer
ID: 6734-20251219 / Deal data (JSON)
Overview
- Target
- Newtech Co., Ltd. (6734)
- Sector
- Electric Appliances
- Acquirer
- SAXA, Inc.
- Type
- TOB
- Status
- Closed
- Tender offer filing date
- 2025-12-19 Open on EDINET
Offer terms
| Item | Value | History |
|---|---|---|
| Offer price per common share | ¥2,650 [1] | — |
| Minimum shares | 1,033,300 shares [2] | — |
| Shares tendered | 1,815,103 shares [3] | — |
| Result | Successful [4] | — |
Premiums (as stated in filings)
| Basis | As of | Value |
|---|---|---|
| Closing price on the business day before announcement | 2025-12-17 | 47.6%[5] |
| 1-month simple average closing price | 2025-12-17 | 48.1%[6] |
| 3-month simple average closing price | 2025-12-17 | 44.5%[7] |
| 6-month simple average closing price | 2025-12-17 | 46.4%[8] |
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 |
|---|---|---|---|---|---|
| Deloitte Tohmatsu LLC | Acquirer | Comparable companies method | ¥2,012 〜 ¥2,337[9] | — | — |
| Deloitte Tohmatsu LLC | Acquirer | DCF method | ¥2,341 〜 ¥2,850[10] | — | — |
| Deloitte Tohmatsu LLC | Acquirer | Market price method (市場株価法) | ¥1,789 〜 ¥1,834[11] | — | — |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | Target | Comparable companies method | ¥1,419 〜 ¥2,628[12] | — | — |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | Target | DCF method | ¥2,318 〜 ¥2,723[13] | — | — |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | Target | Market price method (市場株価分析) | ¥1,789 〜 ¥1,834[14] | — | — |
Timeline (filings)
| Filing | Date | Filer | docID |
|---|---|---|---|
| Tender Offer Registration Statement | 2025-12-19 | SAXA, Inc. | S100XBPV |
| Position Statement | 2025-12-19 | Newtech Co., Ltd. | S100XBSE |
| Tender Offer Report | 2026-02-10 | SAXA, Inc. | S100XKBU |
Sources
- Tender Offer Registration Statement (S100XBPV) 2025-12-19
Original text (Japanese): 本公開買付価格は、金2,650円である。
- Tender Offer Registration Statement (S100XBPV) 2025-12-19
Original text (Japanese): 応募株券等の数の合計が買付予定数の下限(1,033,300株)に満たない場合は、応募株券等の全部の買付け等を行いません。
- Tender Offer Report (S100XKBU) 2026-02-10
Original text (Japanese): 応募株券等の数の合計(1,815,103株)
- Tender Offer Report (S100XKBU) 2026-02-10
Original text (Japanese): 応募株券等の数の合計(1,815,103株)が買付予定数の下限(1,033,300株)以上となりましたので、本公開買付けに係る公開買付開始公告及び公開買付届出書に記載のとおり、応募株券等の全部の買付け等を行います。
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 当社株式の基準日の終値1,795円に対して47.63%
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 基準日までの直近1ヶ月間の終値単純平均値1,789円に対して48.13%
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 同直近3ヶ月間の終値単純平均値1,834円に対して44.49%
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 同直近6ヶ月間の終値単純平均値1,810円に対して46.41%のプレミアム
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 類似会社比較法:2,012円から2,337円
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): DCF法 :2,341円から2,850円
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 市場株価法 :1,789円から1,834円
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 類似企業比較分析:1,419円から2,628円
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): DCF法 :2,318円から2,723円
- Position Statement (S100XBSE) 2025-12-19
Original text (Japanese): 市場株価分析 :1,789円から1,834円