Metalart Corporation engages in the manufacture, machining, and sales of hot forged, precise, and closed-die-forged products for automobiles, construction and agricultural machinery, ships, and other industrial machinery in Japan and internationally. It offers engine parts, such as crank shafts, and connecting rods; precision forged gears; CVT products; manual transmission gears; automatic transmission parts; suspension components; sprockets; arm and bucket components; marine engine components; track links; and other parts, as well as chassis parts. The company also provides HV parts, camshafts, and construction machinery related parts; shipping related products, such as cleaning equipment parts and connecting rods; and hanger sockets and axle gears. In addition, it is involved in the manufacture, heat treatment, and surface treatment of precise forged products; manufacture of dies for hot forging and cold forging; and hot press forging, hot hammer forging, and machining. The company was formerly known as Goto Drop Forging Co., Ltd. and changed its name to Metalart Corporation in October 1991. Metalart Corporation was founded in 1916 and is headquartered in Kusatsu, Japan.
METALART Art announced a regular dividend of ¥75 per share (total ¥214M) for FY2026 ended March 31, 2026, representing a…
Summary
METALART Art announced a regular dividend of ¥75 per share (total ¥214M) for FY2026 ended March 31, 2026, representing an 8.7% increase from prior year's ¥69 per share. However, the company simultaneously announced a tender offer by Gerbera Holdings with management recommendation and intent to delist, with no dividends planned for FY2027 conditional on TOB completion.
METALART Art announced suspension of dividends for fiscal year ending March 2027 (both interim and year-end) conditional…
Summary
METALART Art announced suspension of dividends for fiscal year ending March 2027 (both interim and year-end) conditional on completion of a tender offer by Gerbera Holdings to take the company private. The company will pay no dividend (¥0 per share) for both the September 30, 2026 interim period and March 31, 2027 fiscal year-end, representing a complete suspension from the prior year's ¥75 per share payments. The tender offer price was determined on the assumption that no dividends would be paid during this period.
Gerbera holdings (backed by Sparks Group's Japanese Monodzukuri Future Fund 2) announced a tender offer for all ordinary…
Summary
Gerbera holdings (backed by Sparks Group's Japanese Monodzukuri Future Fund 2) announced a tender offer for all ordinary shares of METALART Art (TSE Standard, code 5644) at JPY 7,600 per share, targeting 1,825,640 shares (30.29% of non-treasury shares) over 30 business days from May 15 to June 25, 2026. The bidder aims to complete privatization of METALART Art through this TOB combined with a subsequent share consolidation squeeze-out and acquisition of Daihatsu's non-tendered shares (36.23% stake) via the target company's self-buyback program.
Deadline: 2026-06-25% of Shares: 30.3%Shares: 1,825,640