After Deal 日本語

Sun Frontier Fudousan Co.,Ltd. tender offer

ID: 8934-20260226 ／ Deal data (JSON)

Overview

Target
Sun Frontier Fudousan Co.,Ltd. (8934)
Sector
Real Estate
Acquirer
SI LLC
Type
TOB
Status
Closed
Tender offer filing date
2026-02-26 Open on EDINET

Offer terms

ItemValueHistory
Offer price per common share ¥2,800 [1] —
Maximum shares 6,656,900 shares [2] —
Shares tendered 7,768,279 shares [3] —

Premiums (as stated in filings)

BasisAs ofValue
Closing price on the business day before announcement 2026-02-24 9.0%[4]
1-month simple average closing price 2026-02-24 13.3%[5]
3-month simple average closing price 2026-02-24 14.8%[6]
6-month simple average closing price 2026-02-24 17.6%[7]

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
KPMG FAS Co., Ltd. Acquirer DCF method ¥2,486 〜 ¥3,033[8] — —
KPMG FAS Co., Ltd. Acquirer Market price method (市場株価平均法) ¥2,382 〜 ¥2,570[9] — —

Timeline (filings)

FilingDateFilerdocID
Tender Offer Registration Statement 2026-02-26 SI株式会社 S100XNI8
Position Statement 2026-02-26 Sun Frontier Fudousan Co.,Ltd. S100XNJE
Amended Tender Offer Registration Statement 2026-03-04 SI株式会社 S100XOSM
Tender Offer Report 2026-04-10 SI LLC S100XY8B

Sources

  1. Tender Offer Registration Statement (S100XNI8) 2026-02-26
    Original text (Japanese): 本公開買付けにおける対象者株式１株当たりの買付け等の価格（以下「本公開買付価格」といいます。）は2,800円である
  2. Tender Offer Registration Statement (S100XNI8) 2026-02-26
    Original text (Japanese): 6,656,900（株）
  3. Tender Offer Report (S100XY8B) 2026-04-10
    Original text (Japanese): 総数（7,768,279株）が買付予定数の上限（6,656,900株）を超えました
  4. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): 本公開買付けの公表日の前営業日である2026年２月24日の東京証券取引所プライム市場における当社株式の終値2,570円に対して8.95％
  5. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): 直近１ヶ月間の終値単純平均値2,472円に対して13.27％
  6. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): 直近３ヶ月間の終値単純平均値2,439円に対して14.80％
  7. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): 直近６ヶ月間の終値単純平均値2,382円に対して17.55％
  8. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): ＤＣＦ法 ：2,486円から3,033円
  9. Position Statement (S100XNJE) 2026-02-26
    Original text (Japanese): 市場株価平均法：2,382円から2,570円