Takashi Shimizu offered to acquire remaining 99.84% stake in Family Inc. (JASDAQ:8298) from Tokuzo Saijo, Family Shoji Co., Ltd. and others for ¥4.2 billion in late January 2021. Under the terms Takashi will pay ¥750 per shares. Target will be delisted after tender offer. As of May 11, 2021, Shimizu entered into agreement with Tokuzo Saijo, Family Shoji for total 29.6% shares to be tendered. As a member of this special committee, Akira Nishida (lawyer Nishida Law Office), Emima Abe (lawyer Max General Law Office) and Takao Nakata (certified accountant Nakata Certified Accountant Office) who are outside experts. Tender offer period will run from May 12, 2021 to June 22, 2021. Transaction is subject to 3.8 million shares to be tendered. Plutus Consulting Co., Ltd. was appointed as a financial advisor and a third-party calculation institution, Nomura Securities Co., Ltd. as tender purchase agent, and Nakamura, Tsunoda & Matsumoto was appointed as legal advisor. Takashi Shimizu completed the acquisition of an additional 95.3% stake in Family Inc. (JASDAQ:8298) from Tokuzo Saijo, Family Shoji Co., Ltd. and others for ¥4 billion on June 22, 2021. As a part of the tender 5.35 million shares were tendered. As of June 30, 2021, Takashi Shimizu agreed to acquire the remaining stake through squeeze-out procedure and will delist Family Inc. on July 29, 2021.