BCJ-70 Co., Ltd. and management team of Impact HD made an offer to acquire 81.883443% stake in Impact HD Inc. (TSE:6067) from Sojitz Corporation (TSE:2768), Kyodo Printing Co., Ltd. (TSE:7914), Yasuo Fukui and others for ¥29 billion on January 26, 2023. The offer price is ¥4500 cash per share for each common share. In addition to this, BCJ-70 offered to acquire 17th Stock Acquisition Rights and 18th Stock Acquisition Rights for ¥198,800 and ¥245,500 cash each right, respectively. The transaction is subject to approval by Board of target and acceptance of minimum Impact HD. The offer period started on January 27, 2023, and will end on March 10, 2023. Mori Hamada & Matsumoto acted as legal advisor to Impact HD Inc. and SBI Securities Co., Ltd. acted as tender offer agent in the transaction. KPMGFAS Co., Ltd. acted as financial advisor to Impact HD Inc.

BCJ-70 Co., Ltd. and management team of Impact HD completed the acquisition of a 72.8% stake in Impact HD Inc. (TSE:6067) from Sojitz Corporation (TSE:2768), Kyodo Printing Co., Ltd. (TSE:7914), Yasuo Fukui and others for ¥22.1 billion on March 10, 2023. The offer completed upon achieving minimum tender condition.