After Deal 日本語

Yamadai Corporation tender offer

ID: 7426-20260602 / Deal data (JSON)

Overview

Target
Yamadai Corporation (7426)
Sector
Wholesale Trade
Acquirer
Nice Corporation
Type
TOB
Status
Closed
Tender offer filing date
2026-06-02 Open on EDINET

Offer terms

ItemValueHistory
Offer price per common share ¥601 [1] —
Offer period start 2026-06-02 [2] —
Offer period end 2026-08-03 [3] 2026-07-28[2] → 2026-08-03[3]
Offer period (business days) 44 business days [3] 40 business days[2] → 44 business days[3]
Minimum shares 261,700 shares [4] 402,600 shares[5] → 261,700 shares[4]
Shares tendered 365,834 shares [6] —
Result Successful [7] —

Premiums (as stated in filings)

BasisAs ofValue
Closing price on the business day before announcement 2026-05-29 20.2%[8]
1-month simple average closing price 2026-05-29 19.7%[9]
3-month simple average closing price 2026-05-29 -23.8%[10]
6-month simple average closing price 2026-05-29 -38.8%[11]

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
Daiwa Institute of Research Ltd. Acquirer DCF method ¥162 〜 ¥673[12] — —
Daiwa Institute of Research Ltd. Acquirer Market price method (市場株価平均法) ¥500 〜 ¥982[13] — —
Japan Blue M&A Advisory Co., Ltd. Target DCF method ¥383 〜 ¥751[14] — —
Japan Blue M&A Advisory Co., Ltd. Target Market price method (市場株価基準法) ¥500 〜 ¥982[15] — —

Revisions and inconsistencies

Timeline (filings)

FilingDateFilerdocID
Tender Offer Registration Statement 2026-06-02 Nice Corporation S100Y82S
Position Statement 2026-06-02 Yamadai Corporation S100Y855
Amended Tender Offer Registration Statement 2026-06-24 Nice Corporation S100YIR3
Amended Tender Offer Registration Statement 2026-06-29 Nice Corporation S100YN0Q
Amended Tender Offer Registration Statement 2026-07-13 Nice Corporation S100YQ86
Amended Position Statement 2026-07-13 Yamadai Corporation S100YQA1
Amended Tender Offer Registration Statement 2026-07-17 Nice Corporation S100YRAW
Amended Position Statement 2026-07-21 Yamadai Corporation S100YRIG
Tender Offer Report 2026-08-04 Nice Corporation S100YU4I

Sources

  1. Tender Offer Registration Statement (S100Y82S) 2026-06-02
    Original text (Japanese): 本公開買付価格である601円は、本公開買付けの公表日の前営業日である2026年5月29日の東京証券取引所スタンダード市場における対象者株式の終値500円に対して20.20%
  2. Amended Tender Offer Registration Statement (S100YQ86) 2026-07-13
    Original text (Japanese): 2026年6月2日(火曜日)から2026年7月28日(火曜日)まで(40営業日)
  3. Amended Tender Offer Registration Statement (S100YRAW) 2026-07-17
    Original text (Japanese): 買付け等の期間 2026年6月2日(火曜日)から2026年8月3日(月曜日)まで(44営業日)
  4. Amended Tender Offer Registration Statement (S100YRAW) 2026-07-17
    Original text (Japanese): 買付予定数の下限 261,700(株)(注)
  5. Tender Offer Registration Statement (S100Y82S) 2026-06-02
    Original text (Japanese): 本公開買付けにおいて買付予定数の下限を402,600株(所有割合:36.24%)(注3)に設定しており
  6. Tender Offer Report (S100YU4I) 2026-08-04
    Original text (Japanese): 応募株券等の総数(365,834株)
  7. Tender Offer Report (S100YU4I) 2026-08-04
    Original text (Japanese): 応募株券等の総数(365,834株)が買付予定数の下限(261,700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。以下同じです。)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。
  8. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 2026年5月29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株価終値500円に対して20.20%
  9. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 基準日までの直近1ヶ月間の終値単純平均値502円に対して19.72%のプレミアム
  10. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 同直近3ヶ月間の終値単純平均値789円に対して23.83%
  11. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 同直近6ヶ月間の終値単純平均値982円に対して38.80%のディスカウント
  12. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): DCF法 :162円から673円
  13. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 市場株価平均法:500円から982円
  14. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): DCF法 :383円から751円
  15. Position Statement (S100Y855) 2026-06-02
    Original text (Japanese): 市場株価基準法:500円から982円