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Takashimaya Company ( (JP:8233) ) has shared an update.
Takashimaya Company, Limited has fixed the total face value of zero coupon convertible bonds due 2028 to be purchased via its tender offer at ¥59.99 billion, of which ¥57.93 billion qualifies for an early tender premium, with the purchase price scheduled to be set on 24 February 2026. The company will cancel the bonds acquired and expects the remaining outstanding amount to fall below 10% of the original issue size, enabling it to exercise a clean-up clause and redeem all remaining bonds early, a move that will result in an extraordinary loss for the fiscal year ending 28 February 2026 but will streamline its capital structure and reduce future potential equity dilution for stakeholders.
The most recent analyst rating on (JP:8233) stock is a Buy with a Yen2180.00 price target. To see the full list of analyst forecasts on Takashimaya Company stock, see the JP:8233 Stock Forecast page.
More about Takashimaya Company
Takashimaya Company, Limited is a Japan-based department store operator listed on the Tokyo Prime Market, best known for its flagship Takashimaya-branded stores that sell a broad range of retail goods to domestic and overseas customers. The company is a long-established player in Japan’s retail and commercial real estate sectors, where it also engages in related businesses such as shopping center development and specialty retail, targeting middle- to high-end consumers in major urban areas.
Average Trading Volume: 1,579,581
Technical Sentiment Signal: Buy
Current Market Cap: Yen573B
For detailed information about 8233 stock, go to TipRanks’ Stock Analysis page.