After Deal 日本語

JAPAN RESISTOR MFG.CO.,LTD. tender offer

ID: 6977-20260918 ／ Deal data (JSON)

Overview

Target
JAPAN RESISTOR MFG.CO.,LTD. (6977)
Sector
Electric Appliances
Acquirer
Ferrotec Corporation
Type
TOB
Status
Open
Tender offer filing date
2026-09-18 Open on EDINET

Offer terms

ItemValueHistory
Offer price per common share ¥1,901 [1] —
Minimum shares 618,700 shares [2] —

Premiums (as stated in filings)

BasisAs ofValue
Closing price on the business day before announcement 2026-09-16 44.2%[3]
1-month simple average closing price 2026-09-16 31.9%[4]
3-month simple average closing price 2026-09-16 27.9%[5]
6-month simple average closing price 2026-09-16 48.2%[6]

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 Financial Advisory LLC Acquirer DCF method ¥1,315 〜 ¥1,992[7] — —
Deloitte Tohmatsu Financial Advisory LLC Acquirer Market price method (市場株価法) ¥1,283 〜 ¥1,486[8] — —
Deloitte Tohmatsu LLC Acquirer DCF method ¥1,315 〜 ¥1,992[9] — —
Deloitte Tohmatsu LLC Acquirer Market price method (市場株価法) ¥1,283 〜 ¥1,486[10] — —
Mizuho Securities Co., Ltd. Target Comparable companies method ¥545 〜 ¥1,040[11] — —
Mizuho Securities Co., Ltd. Target DCF method ¥1,181 〜 ¥2,019[12] — —
Mizuho Securities Co., Ltd. Target Market price method (市場株価基準法) ¥1,283 〜 ¥1,486[13] — —

Timeline (filings)

FilingDateFilerdocID
Tender Offer Registration Statement 2026-09-18 Ferrotec Corporation S100Z392
Position Statement 2026-09-18 JAPAN RESISTOR MFG.CO.,LTD. S100Z3A6

Sources

  1. Tender Offer Registration Statement (S100Z392) 2026-09-18
    Original text (Japanese): 最終的に本公開買付価格を1,901円とすることを決定いたしました
  2. Tender Offer Registration Statement (S100Z392) 2026-09-18
    Original text (Japanese): 本公開買付けにおいて618,700株（所有割合：50.01％）を買付予定数の下限として設定しており
  3. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 令和８年９月16日の東京証券取引所スタンダード市場における当社株式の終値1,318円に対して44.23％
  4. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 同日までの過去１ヶ月間の終値単純平均値1,441円に対して31.92％
  5. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 同日までの過去３ヶ月間の終値単純平均値1,486円に対して27.93％
  6. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 同日までの過去６ヶ月間の終値単純平均値1,283円に対して48.17％
  7. Tender Offer Registration Statement (S100Z392) 2026-09-18
    Original text (Japanese): ＤＣＦ法 ：1,315円～1,992円
  8. Tender Offer Registration Statement (S100Z392) 2026-09-18
    Original text (Japanese): 市場株価法：1,283円～1,486円
  9. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): ＤＣＦ法 ：1,315円～1,992円
  10. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 市場株価法：1,283円～1,486円
  11. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 類似企業比較法：545円から1,040円
  12. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): ＤＣＦ法 ：1,181円から2,019円
  13. Position Statement (S100Z3A6) 2026-09-18
    Original text (Japanese): 市場株価基準法：1,283円から1,486円