Sumitomo Corporation
Announcement of Results of Tender Offer for Shares of SCSK Corporation (Securities Code: 9719)
Sumitomo Corporation and its wholly owned subsidiary, SC Investments Management Co., Ltd., conducted a tender offer for ordinary shares and stock acquisition rights of SCSK Corporation, acquiring 119,130,014 shares at 5,700 yen per share.
Key Figures
- Tender Offeror: SC Investments Management Co., Ltd.
- Target Company: SCSK Corporation (Securities Code: 9719)
- Offer Price: 5,700 yen/share
- Number of Shares Acquired: 119,130,014 shares
- Change in Ownership Ratio: 50.54% → 88.63%
- Offer Period: October 30, 2025 – December 12, 2025
- Purpose of TOB: Execution of procedures to make the tender offerors the sole shareholders of the target company
AI要約
Overview of Tender Offer
The tender offeror is SC Investments Management Co., Ltd. (a wholly owned subsidiary of Sumitomo Corporation), and the target company is SCSK Corporation (Securities Code: 9719). The target securities are ordinary shares and stock acquisition rights, with the purchase price for ordinary shares set at 5,700 yen per share. The tender offer period was 30 business days from October 30, 2025, to December 12, 2025, during which 119,130,014 shares were tendered and all were acquired. The minimum number of shares to be purchased was 50,347,400 shares, and there was no upper limit established.
Purpose and Future Outlook
The purpose of this tender offer is to execute a series of procedures to make the tender offerors the sole shareholders of the target company. Prior to the tender offer, the ownership ratio of special related parties was 50.54%, which increased by 38.09% following the acquisition, resulting in a total ownership ratio of 88.63%. Going forward, the target shares are scheduled to be delisted from the Tokyo Stock Exchange Prime Market following prescribed procedures according to delisting criteria.
