Ensuiko Sugar Refining Co., Ltd.
Notice of Change in Shares of Ensuiko Sugar Refining and Announcement Regarding Share Acquisition by Daito Sugar Co., Ltd.
Daito Sugar Co., Ltd. will additionally acquire shares of Ensuiko Sugar Refining, bringing its voting rights ratio to over 20%. The acquisition consists of 2,496,600 shares, with the ratio against total voting rights expected to exceed 20%. The companies will continue to expand collaboration; there is no direct impact on consolidated earnings at this time.
Key Figures
- Number of Shares Acquired: 2,496,600 shares
- Voting Rights Ratio (After Acquisition): 23.85%
- Acquisition Date (Scheduled): 2026-10-27
AI要約
Overview of the Change
This matter concerns Daito Sugar Co., Ltd.'s decision to additionally acquire shares of Ensuiko Sugar Refining. The number of shares to be acquired is 2,496,600 shares, and the voting rights ratio after the acquisition is expected to be 23.85%. The date of change is scheduled for October 27, 2026, and the acquisition is disclosed as an action equivalent to a public tender offer under the Financial Instruments and Exchange Act. As of March 31, 2026, Daito Sugar Co., Ltd. is a major shareholder of Ensuiko Sugar Refining, and it intends to further expand and deepen collaboration. There is currently no direct impact on Ensuiko Sugar Refining's consolidated financial results.
Outlook and Impact on Shareholders
The two companies entered into a business alliance agreement effective July 1, 2023, and will continue collaboration including new business and product development and strengthening of sales systems. The acquisition will change Daito Sugar Co., Ltd.'s shareholder composition, but the direct financial impact on Ensuiko Sugar Refining is unclear at this time; additional information will be provided as disclosure events occur.
Ensuiko Sugar Refining Co., Ltd.
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