After Deal 日本語

INFORICH Inc. tender offer

ID: 9338-20260216 ／ Deal data (JSON)

Overview

Target
INFORICH Inc. (9338)
Sector
Services
Acquirer
BCJ-102 Co., Ltd.
Type
MBO
Status
Closed
Tender offer filing date
2026-02-16 Open on EDINET

Offer terms

ItemValueHistory
Offer price per common share ¥4,560 [1] —
Minimum shares 6,042,900 shares [2] —
Shares tendered 9,027,914 shares [3] —
Result Successful [4] —
MBO Yes [5] —

Premiums (as stated in filings)

BasisAs ofValue
Closing price on the business day before announcement 2026-02-12 123.1%[6]
1-month simple average closing price 2026-02-12 142.4%[7]
3-month simple average closing price 2026-02-12 123.1%[8]
6-month simple average closing price 2026-02-12 100.6%[9]

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
SMBC Nikko Securities Inc. Target DCF method ¥3,706 〜 ¥5,243[10] 9.3% 〜 11.4%[11] 0.0% 〜 1.0%[12]
SMBC Nikko Securities Inc. Target Market price method (市場株価法) ¥1,881 〜 ¥2,273[13] — —

Timeline (filings)

FilingDateFilerdocID
Tender Offer Registration Statement 2026-02-16 BCJ-102 Co., Ltd. S100XLOM
Position Statement 2026-02-16 INFORICH Inc. S100XLPB
Amended Tender Offer Registration Statement 2026-02-19 BCJ-102 Co., Ltd. S100XMER
Amended Tender Offer Registration Statement 2026-03-03 BCJ-102 Co., Ltd. S100XOJ9
Amended Position Statement 2026-03-04 INFORICH Inc. S100XOUB
Amended Tender Offer Registration Statement 2026-03-16 BCJ-102 Co., Ltd. S100XR8J
Tender Offer Report 2026-04-01 BCJ-102 Co., Ltd. S100XW9R

Sources

  1. Tender Offer Registration Statement (S100XLOM) 2026-02-16
    Original text (Japanese): 本公開買付価格を4,560円と決定いたしました。
  2. Tender Offer Registration Statement (S100XLOM) 2026-02-16
    Original text (Japanese): 買付予定数の下限を6,042,900株（所有割合：57.69％）と設定しており
  3. Tender Offer Report (S100XW9R) 2026-04-01
    Original text (Japanese): 応募株券等の数の合計（9,027,914株）
  4. Tender Offer Report (S100XW9R) 2026-04-01
    Original text (Japanese): 応募株券等の数の合計（9,027,914株）が買付予定数の下限（6,042,900株）以上となりましたので、公開買付開始公告（その後変更された事項を含みます。）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。
  5. Tender Offer Registration Statement (S100XLOM) 2026-02-16
    Original text (Japanese): 本取引は、いわゆるマネジメント・バイアウト（ＭＢＯ）に該当し
  6. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 東京証券取引所グロース市場における当社株式の終値2,044円に対して123.09％
  7. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 直近１ヶ月間の終値の単純平均値1,881円に対して142.42％
  8. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 直近３ヶ月間の終値の単純平均値2,044円に対して123.09％
  9. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 直近６ヶ月間の終値の単純平均値2,273円に対して100.62％
  10. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): ＤＣＦ法 ：3,706円～5,243円
  11. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 割引率には加重平均資本コストを採用し、9.34％から11.42％を使用しており
  12. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 永久成長率を0.00％から1.00％とし
  13. Position Statement (S100XLPB) 2026-02-16
    Original text (Japanese): 市場株価法：1,881円～2,273円