NSSK Group has announced a public tender offer to acquire all shares of WithUs Co., Ltd., aiming to enhance its growth in the Japanese education sector.

Target Information

The NSSK Group, based in Minato, Tokyo, led by Jun Tsusaka (www.nsskjapan.com), has announced its intention to acquire all ordinary shares and share acquisition rights issued by WithUs Co., Ltd. (www.with-us.co.jp), located in Osaka, through an investment limited liability partnership and exempted limited partnership managed or supported by NSSK. This acquisition process will include a public tender offer for the shares of WithUs.

This public tender offer has received endorsements from a special committee set up to evaluate the proposal and approval from the Board of Directors of WithUs, along with full support from the management team.

Industry Overview in Japan

In Japan, the education sector is characterized by a mix of traditional methods and modern innovations. Companies involved in the educational services industry are increasingly adopt