Kumagai Gumi Co.,Ltd.
Regarding the Change in Shareholding Ratio between Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd.
Sumitomo Forestry plans to sell 11,473,400 shares of Kumagai Gumi (6.6%) between January 26 and 29, 2026, while Kumagai Gumi plans to sell 4,777,600 shares of Sumitomo Forestry (0.8%) from January 8, 2026 onward.
Key Figures
- Planned number of Kumagai Gumi shares to be sold by Sumitomo Forestry: 11,473,400 shares (6.6%)
- Planned number of Sumitomo Forestry shares to be sold by Kumagai Gumi: 4,777,600 shares (0.8%)
- Scheduled sale period (Sumitomo Forestry): January 26–29, 2026
AI要約
Overview of Change in Shareholding Ratio
Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd. entered into a business and capital alliance agreement on November 9, 2017, and have been collaborating since then. Aiming to improve capital efficiency and maximize shareholder value, they decided to sell part of their mutually held shares and change the shareholding ratio. Sumitomo Forestry plans to sell 11,473,400 shares of Kumagai Gumi (6.6% of total shares issued) via an underwritten public offering by an underwriter, and Kumagai Gumi intends to sell 4,777,600 shares of Sumitomo Forestry (0.8%) through a block trade via securities companies.
Future Alliance and Impact on Performance
Both companies plan to maintain their alliance and continue investing in collaborative fields, aiming to combine Sumitomo Forestry’s expertise with Kumagai Gumi’s technology to create social infrastructure harmonized with the natural environment. The impact on Sumitomo Forestry’s consolidated financial results is expected to be minor; however, Kumagai Gumi plans to record gain on sales of investment securities as special income due to this transaction. Details should be referred to in Kumagai Gumi’s separately released materials.