Orix subsidiary completes I-NET tender offer, delisting pending

Orix Corporation announced its subsidiary, OFI-01 Corporation, has concluded its tender offer for common shares of I-NET Corporation. The offer, from October 3 to November 17, 2025, saw 12,907,969 shares tendered, surpassing the minimum threshold of 10,171,800 shares. OFI-01 Corporation will acquire all tendered shares at JPY 2,530 per share.

Following the tender offer, OFI-01 Corporation plans to execute a share consolidation as a squeeze-out procedure, aiming to become the sole shareholder of I-NET Corporation. This will lead to I-NET's delisting from the Tokyo Stock Exchange's Prime Market, with procedures expected to be completed by early March 2026. After delisting, I-NET shares will no longer be tradable.

Orix highlighted its strategic focus on the IT and information services sector in its domestic investment business. The company intends to enhance I-NET's corporate value by integrating I-NET's expertise in data centers, cloud, DX, and space-related businesses with Orix Group's business know-how, platform, and network.