Makino Updates on Delayed MM Holdings Tender Offer as Key Approvals Progress

The latest announcement is out from Makino Milling Machine Co ( (JP:6135) ).

Makino Milling Machine has provided an update on the planned tender offer by MM Holdings K.K. to acquire all of its outstanding common shares (excluding treasury stock), confirming that key regulatory clearances have progressed but the launch timetable has slipped. The company reported that MM Holdings has obtained required investment regulation approvals in Italy and France, while clearances in the U.S., China and Japan are still pending but are expected around early March, late January and mid‑February 2026, respectively. As a result, MM Holdings does not intend to start the tender offer before January 16, 2026, a date that under the existing tender offer agreement could trigger a termination right if commencement is delayed for reasons not attributable to a party; however, Makino emphasized that the agreement remains in full force and effect. While acknowledging the schedule delay may unsettle investors, the company indicated the bidder is diligently pursuing remaining approvals and pledged to disclose further developments once the conditions for launching the offer are met or other material changes arise.

The most recent analyst rating on (JP:6135) stock is a Hold with a Yen11816.00 price target. To see the full list of analyst forecasts on Makino Milling Machine Co stock, see the JP:6135 Stock Forecast page.

More about Makino Milling Machine Co

Makino Milling Machine Co., Ltd. is a Japan-based manufacturer in the machine tool industry, best known for high-precision milling machines and related equipment used in automotive, aerospace and other industrial sectors, with its shares listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 129,752

Technical Sentiment Signal: Buy

Current Market Cap: Yen261.3B

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