Brother Secures Decisive Control of Mutoh Following Successful Tender Offer
Nagoya – Japan – March 2026 – Brother Industries has officially secured effective control of Mutoh Holdings after its ¥35 billion tender offer succeeded, marking a transformative step in the Japanese group's expansion into the sustainable industrial printing sector.
The acquisition of 4.04 million shares, representing 88.01 per cent of voting rights, comfortably exceeded the minimum threshold and solidifies Brother's commitment to leading technological innovation whilst addressing evolving industry demands.
The shares were purchased at ¥7,626 each, bringing the total initial investment to approximately ¥30.8 billion.
This strategic transaction will also classify Mutoh as a specified subsidiary under Japanese regulatory frameworks, paving the way for corporate restructuring.
Moving swiftly to execute its forward-thinking vision, Brother intends to initiate procedures to acquire all remaining shares and transition Mutoh into a privately held entity.
This process will ultimately result in Mutoh's delisting from the Tokyo Stock Exchange.
This acquisition is a cornerstone of Brother's broader strategy to transcend traditional printing boundaries and penetrate high-growth industrial segments.
Recognising the urgent need for sustainable and ethical manufacturing practices across the industry, the company plans to leverage Mutoh's capabilities to drive operational efficiencies and cross-selling opportunities.
Brother remains steadfast in its post-acquisition strategy, ensuring that this consolidation not only advances technological frontiers but also champions environmentally responsible solutions that benefit both the industry and society.
About Brother Industries
Brother Industries is a pioneering Japanese multinational technology company dedicated to delivering innovative printing, imaging, and industrial solutions.
With a firm commitment to forward-thinking design and ethical practices, Brother continually addresses urgent industry challenges by developing products that promote sustainability and operational excellence.
By expanding into emerging high-growth markets, the company strives to shape the future of industrial manufacturing whilst maintaining a profound respect for the environment and global communities.
