Sumitomo Electric Industries, Ltd.

2026/02/16 Updated
Market Cap: $43.8B (¥6.7T)
Stock Price: $56.20 (¥8,593)
Exchange Rate: 1 USD = ¥152.91

Announcement on the Results of the Tender Offer for Sumitomo Riko Company Limited Shares (Securities Code: 5191)

Sumitomo Electric Industries, Ltd. acquired 43,319,442 common shares of Sumitomo Riko Company Limited at 2,600 yen per share, increasing its ownership ratio from 49.64% to 91.36%.

Importance:
Page Updated: December 16, 2025
IR Disclosure Date: December 16, 2025
M&A/Alliance,Capital Policy

Key Figures

  • Tender Offeror: Sumitomo Electric Industries, Ltd.
  • Target Company: Sumitomo Riko Company Limited (Securities Code: 5191)
  • Purchase Price: ¥2,600 per share
  • Number of Shares Acquired: 43,319,442 shares
  • Change in Ownership Ratio: 49.64% → 91.36%
  • Tender Offer Period: October 31, 2025 – December 15, 2025
  • Purpose of TOB: To acquire all target shares (excluding shares directly owned by the tender offeror and treasury shares owned by the target company)

AI要約

Overview of the Tender Offer

The tender offeror is Sumitomo Electric Industries, Ltd., located at 4-5-33 Kitahama, Chuo-ku, Osaka City (Sumitomo Building). The target company is Sumitomo Riko Company Limited (Securities Code: 5191). The target shares are common shares, with a purchase price of ¥2,600 per share. The tender offer period was 30 trading days from October 31, 2025, to December 15, 2025. The lower limit of tendered shares was 16,681,702 shares, with no upper limit set, and up to a maximum of 51,289,700 shares were subject to the offer. The total number of tendered shares was 43,319,442 shares, all of which were purchased.

Purpose and Future Outlook

The purpose of this tender offer is to acquire all the target shares (excluding shares directly owned by the tender offeror and treasury shares owned by the target company). The ownership ratio before the tender was 49.64%, which increased to 91.36% after the tender. Going forward, the tender offeror plans to proceed with procedures to acquire all shares of the target company, which is expected to result in the delisting from the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. After delisting, the target company's shares will no longer be tradable.

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