Mitsubishi Logisnext scraps dividend, ends benefit program amid tender offer

Mitsubishi Logisnext announced on September 30, 2025, a revision to its dividend forecast for the fiscal year ending March 2026, disclosing its intention to pay no dividend. This decision follows the scheduled commencement of a tender offer for the company's common shares and share options by LVJ Holdings 2 LLC. The previously announced forecast for the fiscal year ending March 2026 was JPY 24.00 total per share, with JPY 24.00 for the year-end.

The company's board of directors resolved to support the tender offer, noting that the company shares are expected to be delisted upon completion. The revision is also influenced by the tender offer's purchase price and terms, which were determined assuming no year-end dividend would be paid for the fiscal year ending March 31, 2026. This measure aims to prevent economic disparity between shareholders who tender and those who do not.

Furthermore, Mitsubishi Logisnext will terminate its shareholder benefit program, effective from the fiscal year ending March 31, 2026, contingent on the successful closing of the tender offer. This aligns with the company's goal of maintaining fairness among all shareholders during the acquisition process.