Mandom Shareholders Approve Reverse Stock Split to Facilitate TSE Delisting and Take-Private

An announcement from Mandom ( (JP:4917) ) is now available.

Mandom Corporation has secured shareholder approval at an extraordinary general meeting for a massive share consolidation that will reduce approximately 45 million common shares to just four, alongside abolishing share unit provisions and partially amending its Articles of Incorporation. As a consequence, Mandom’s common stock will meet Tokyo Stock Exchange delisting criteria, be designated for delisting from April 24 to May 14, 2026, and officially leave the Prime Market on May 15, 2026.

Following the consolidation, only Kalon Holdings will hold a whole share, while all other shareholders’ holdings will become fractional interests that will be aggregated and sold to Kalon with court approval, with proceeds distributed to investors in proportion to their fractions. The move effectively completes a transaction to make Kalon Holdings the sole shareholder, taking Mandom private and ending public trading in its shares, which marks a significant shift in ownership structure and reduces liquidity options for existing minority shareholders.

The most recent analyst rating on (JP:4917) stock is a Buy with a Yen1650.00 price target. To see the full list of analyst forecasts on Mandom stock, see the JP:4917 Stock Forecast page.

More about Mandom

Mandom Corporation is a Japanese cosmetics and personal care company listed on the Tokyo Stock Exchange Prime Market under securities code 4917. The company focuses on grooming and beauty products, primarily serving mass-market consumers in Japan and across Asia through brands targeting both men’s and women’s daily care needs.

Average Trading Volume: 152,498

Technical Sentiment Signal: Buy

Current Market Cap: Yen138.8B

For a thorough assessment of 4917 stock, go to TipRanks’ Stock Analysis page.