SOMPO Light Vortex Inc. has acquired 16,722,200 shares (voting rights ratio of 76.68%) of Agricultural General Research Institute Co., Ltd. for 12,777 million yen and plans to make it a consolidated subsidiary as of 2026-02-24.
Acquired 4,624,900 shares of common stock for a total of ¥25,476,938,200 from January 1 to January 31, 2026. Cumulative acquired shares total 8,152,300 shares with an acquisition cost of ¥43,528,442,400.
SOMPO Light Vortex Inc. has corrected and amended certain descriptions in the notice regarding the commencement of the tender offer for shares of Agricultural General Research Institute Co., Ltd., in conjunction with the acquisition of approval under the Insurance Business Act.
Reported acquisition of 3,527,400 shares of treasury stock for 18,051,504,200 yen during the period from December 1 to December 31, 2025.
SOMPO Holdings' subsidiary SOMPO Light Vortex has commenced a tender offer for shares of Agricultural General Research Institute Co., Ltd. (Security Code: 3541). The offer aims to acquire all target shares, outlining the schedule and price proposals.
Sompo Holdings, Inc. and Sompo Japan Insurance Inc. reported to the Financial Services Agency the progress status of the business improvement plan under the business improvement order as of the end of November 2025, showing steady progress on 183 initiatives.