Sumitomo Chemical Company, Limited

2026/08/24 Updated
Market Cap: $5.7B (¥914.8B)
Stock Price: $3.48 (¥554)
Exchange Rate: 1 USD = ¥159.24

【Sumitomo Chemical】Share Exchange Agreement for Full Subsidiary Acquisition|May 2026

Sumitomo Chemical has entered into a share exchange agreement to fully acquire Kōeika Chemical as a subsidiary by August 2026. The share allocation ratio is 4.91 shares of Sumitomo Chemical for each share, with the company planned to delist. Aiming for synergistic creation and enhanced corporate value.

Importance:
Page Updated: May 13, 2026
IR Disclosure Date: May 13, 2026

Key Figures

  • Share allocation ratio: 4.91 shares of Sumitomo Chemical per share of Kōeika Chemical
  • Proposed exchange ratio: 1 share of Kōeika Chemical for 4.91 shares of Sumitomo Chemical
  • Scheduled delisting date: July 30, 2026

AI要約

Overview of Share Exchange Agreement

Sumitomo Chemical has entered into a share exchange agreement to fully acquire Kōeika Chemical as a subsidiary by August 2026. The share allocation ratio is 4.91 shares of Sumitomo Chemical for each share of Kōeika Chemical, and the latter is scheduled to delist. The agreement was signed on May 13, 2026, with the effective date set for August 1, 2026.

Purpose and Synergies

Sumitomo Chemical aims to enhance its business portfolio and expand globally by leveraging Kōeika Chemical’s technologies and facilities. The companies seek to expand new businesses and strengthen production systems. Through collaboration, they aim to promote technological innovation and operational efficiency, ultimately increasing long-term corporate value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Sumitomo Chemical Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →