K.K. BCJ-74 made an offer to acquire T&K Toka Co., Ltd. (TSE:4636) for ¥31.9 billion on August 17, 2023. The offer price is ¥1,400 per share. The offer is recommended by the board of T&K Toka. As on January 9, 2024, All conditions have been fulfilled except for acquisition of the clearance under the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade. As on January 14, 2024, the acquisition of clearance under the Antimonopoly Act was completed. As on January 18, 2024, the Tender Offer is scheduled to begin in late January 2024. Mori Hamada & Matsumoto LPC and Iwata Godo Attorneys and Counselors at Law acted as legal advisors and Nomura Securities Co., Ltd. acted as financial advisor for T&K Toka Co., Ltd.

K.K. BCJ-74 completed the acquisition of 90.853148% stake in T&K Toka Co., Ltd. (TSE:4636) on March 6, 2024.