Daiseki announces tender offer for subsidiary, plans treasury share cancellation

Daiseki Co. Ltd. announced a tender offer to acquire all outstanding shares of its consolidated subsidiary, Daiseki Eco. Solution Co. Ltd., aiming for full ownership. The tender offer price is 1,850 yen per share, with the period running from October 3, 2025, to November 17, 2025. Daiseki already owns 9,056,640 shares, representing a 53.87% ownership ratio. The total cost of the purchase is estimated at 14,345 million yen, funded by own capital.

Concurrently, Daiseki Co. Ltd. resolved to cancel 3,000,000 treasury shares, representing 5.88% of its total issued shares before cancellation. This action, scheduled for October 14, 2025, aims to enhance shareholder returns and capital efficiency, reducing the total issued shares to 48,000,000 after the cancellation.

For the six months ended August 31, 2025, Daiseki reported record-high net sales of 36,117 million yen, a 10.1% increase year-on-year. Operating profit rose by 1.6% to 7,450 million yen, while ordinary profit slightly decreased by 1.1% to 7,629 million yen. Profit attributable to owners of parent was 4,712 million yen, a 3.4% decrease from the previous year. Total assets increased by 603 million yen to 114,239 million yen, and net assets increased by 343 million yen to 94,194 million yen.