JII COMPOUNDERS · CAPITAL-ALLOCATION SIGNAL LOG

ART VIVANT CO.,LTD. (7523)

· Standing universe

3 signals on file · latest 2026-07-13

2026-07-13 · 17:45 JSTTake-private / tender offer

MBO – Correction Notice – Contract Terms Amendment

Correction to prior MBO disclosure (July 10, 2026). Amendments to transaction agreement: removal of redundant condition (item ⑤ under Nozawa obligation precondition); clarification that Maki's preconditions now include all parties' (Company, Offeror, Katsu Corporation, Nozawa) representations and warranties; stylistic changes to contract termination clause language. Board stance: recommend. Tender period and pricing from original disclosure unaffected.

2026-07-10 · 17:40 JSTTake-private / tender offer

MBO - Orsay Corp. - ¥1,900/share - minimum 3,845,584 shares (42.0% S/O) - 13 Jul – 25 Aug 2026 - Board recommends

¥1,900/share tender offer (30 business days: 13 Jul – 25 Aug 2026) for minimum 3,845,584 shares (42.0% of shares outstanding). Offeror Orsay Corp., wholly owned by Nozawa Katsumi (Art Vivant CEO; currently holds 2.61% directly; Katsucorporation holds 33.76%). Prior MBO attempt at ¥1,670 failed (Sep–Oct 2025). Board recommends shareholders tender. Delisting intended.

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