Daiwa House Industry Co., Ltd.
Announcement Regarding the Full Ownership of Sumitomo Densetsu Co., Ltd.
Acquired 14,389,928 shares (40.89%) of Sumitomo Densetsu Co., Ltd. through a tender offer and completed full ownership as of March 24, 2026.
Key Figures
- Number of Shares Acquired: 14,389,928 shares (as of December 22, 2025)
- Voting Rights Ownership Ratio: 100.00% (upon completion of full ownership)
- Sumitomo Densetsu Consolidated Net Sales: ¥203,639 million (FY ending March 2025)
AI要約
Overview of M&A
Daiwa House Industry Co., Ltd. initiated a tender offer for shares of Sumitomo Densetsu Co., Ltd. on October 30, 2025, and acquired 14,389,928 shares (40.89%) on December 22, 2025, making it an affiliated company. Subsequently, after a share consolidation of Sumitomo Densetsu, the full acquisition of all its shares was completed as of March 24, 2026, thus completing full ownership. With full ownership, the voting rights ownership ratio has reached 100%.
Impact on Shareholders and Future Outlook
Through Sumitomo Densetsu’s share consolidation, third-party allotment capital increase, and reduction of capital and capital surplus, funds necessary for full ownership were secured. As a result of full ownership, Sumitomo Densetsu became a consolidated subsidiary of Daiwa House Industry, and the impact on future consolidated earnings is currently under review, with prompt disclosure planned if necessary.
