ITOCHU Corporation

2026/03/04 Updated
Market Cap: $95.9B (¥15.1T)
Stock Price: $13.70 (¥2,154)
Exchange Rate: 1 USD = ¥157.23

(Correction) Partial Correction Regarding the Notice on the Commencement of Tender Offer for Shares of Sun Frontier Fudosan Co., Ltd. (Securities Code: 8934), Subscription to a Third-Party Allocation of Shares, and Conclusion of Capital and Business Alliance Agreement with Itochu Corporation

Received a notification from the Japan Fair Trade Commission on March 2, 2026, that no exclusion order will be issued, and corrected a partial clerical error in the tender offer statement.

Importance:
Page Updated: March 4, 2026
IR Disclosure Date: March 4, 2026

Key Figures

  • Date of Notification from the Japan Fair Trade Commission: 2026-03-02
  • Date of Correction Announcement: 2026-03-04
  • Correction in Tender Offer Statement: Partial deletion of clause related to conditions for withdrawal of the tender offer

AI要約

Overview of the Correction

Itochu Corporation made a correction on March 4, 2026, to a part of the notice announced on February 25, 2026, concerning the tender offer for shares of Sun Frontier Fudosan Co., Ltd., subscription to a third-party allocation of shares, and conclusion of a capital and business alliance agreement, due to a clerical error. The main correction involved partial deletion of a clause description regarding the conditions for withdrawal of the tender offer. This change follows the receipt of a notification on March 2, 2026, from the Japan Fair Trade Commission stating that no exclusion order will be issued.

Impact and Notes to Investors

This document is a press release regarding the tender offer and is not intended as a solicitation to sell shares. When applying to the tender offer, shareholders are required to review the tender offer statement and make their own decisions. Also, this tender offer is conducted only within Japan and solicitation or application from overseas, including the United States, is not permitted. Descriptions related to future projections are based on information currently available and do not guarantee future results.

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