The Tokyo District Court ruled that hospitality sector company Shidax Corp. ’s tender offer in 2023 to go private undervalued its shares, in one of the still-rare cases in Japan of financial tussles between companies getting resolved by legal authorities.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-31/tokyo-court-says-shidax-tender-undervalued-the-firm-in-rare-case)