Announcement that the stock consolidation was approved at the Extraordinary General Meeting of Shareholders on February 9, 2026, and that the shares will be delisted from the Tokyo Stock Exchange as of March 3, 2026.
For the third quarter of the fiscal year ending March 2026, net sales were JPY 159.5091 billion (14.0% increase YoY), operating income was JPY 16.363 billion (65.4% increase YoY), and net income attributable to owners of parent for the quarter was JPY 11.437 billion (60.7% increase YoY).
The company plans to cancel 446,895 treasury shares (1.25% of total outstanding shares) on March 4, 2026. After cancellation, the total number of outstanding shares will be 35,188,984.
Sumitomo Densetsu Co., Ltd. will consolidate 1,048,714 shares into 1 share on March 5, 2026, reducing the total number of issued shares from 35,188,951 shares to 33 shares. Consequently, the company is scheduled to be delisted from the Tokyo Stock Exchange Prime Market on March 3, 2026.
Daiwa House Industry Co., Ltd. acquired 14,389,928 shares of common stock of Sumitomo Densetsu Co., Ltd. through a tender offer at 9,760 yen per share, raising its ownership ratio to 40.89%.