Koei Chemical Co Ltd
【Sumitomo Chemical】Koei Chemical Delisting|July 2026
Koei Chemical will be delisted from the Tokyo Stock Exchange Standard Market on July 30, 2026. The delisting has been decided due to share exchange resulting from the full acquisition of the company by Sumitomo Chemical.
Key Figures
- Delisting Date: 2026-07-30
- Share Exchange Approval Date: 2026-06-25
- Notice date of Share Exchange Agreement: 2026-05-13
AI要約
Summary of Delisting
Koei Chemical was approved at the Annual General Meeting of Shareholders held on June 25, 2026, for the share exchange agreement with Sumitomo Chemical, and will delist from the Tokyo Stock Exchange Standard Market on July 30, 2026. Consequently, the company will become a wholly owned subsidiary of Sumitomo Chemical. Details regarding the delisting are provided in the notice related to the share exchange agreement dated May 13, 2026. Since its listing in 1997, the company expresses gratitude for the support from shareholders and stakeholders over the years and plans to continue enhancing corporate value as a member of the Sumitomo Chemical Group.
Future Outlook and Impact on Shareholders
Although trading of shares will cease following delisting, the full acquisition by Sumitomo Chemical is expected to ensure business continuity and growth. Shareholders will require detailed guidance on how the share exchange affects their shares and future trading procedures. The company aims to focus on business development and enhancing corporate value as part of the Sumitomo Chemical Group, with a commitment to shareholder returns and sustainable growth.
Koei Chemical Co., Ltd.
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