Mandom Tasks Special Committee to Evaluate KKR Take-Private Proposal Amid Competing Tender Offer

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

Mandom Corporation announced that it has received a legally binding letter of intent from Kohlberg Kravis Roberts & Co. L.P. (KKR) to take the company private via a tender offer for its common shares followed by a squeeze-out, constituting a new competing transaction to the ongoing tender offer by Kalon Holdings. In response, Mandom’s board on January 14, 2026 resolved to formally commission its Special Committee to evaluate the KKR proposal, specifically to assess whether the tender offer terms are fair, whether the transaction contributes to corporate value and the interests of general shareholders, and whether the board should support and recommend shareholders to tender, while two representative directors recused themselves from the deliberations to mitigate conflicts of interest and all statutory auditors raised no objections. This development intensifies the contest for control of Mandom, with the company leveraging its previously introduced response policy to large-scale share acquisitions and a structured governance process to secure the most favorable outcome for its shareholders.

The most recent analyst rating on (JP:4917) stock is a Buy with a Yen3061.00 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 company listed on the Tokyo Stock Exchange Prime Market (Securities Code 4917), operating in the consumer goods sector with a focus on personal care and cosmetic products. The company’s shareholder base has recently attracted interest from multiple financial investors and potential acquirers, reflecting its perceived corporate value and strategic positioning in the market.

Average Trading Volume: 428,013

Technical Sentiment Signal: Buy

Current Market Cap: Yen128B

For an in-depth examination of 4917 stock, go to TipRanks’ Overview page.