Sompo Holdings, Inc.
Notice Regarding the Commencement of Tender Offer by Our Subsidiary SOMPO Light Vortex Inc. for Shares of Agricultural General Research Institute Co., Ltd.
SOMPO Holdings' subsidiary SOMPO Light Vortex has commenced a tender offer for shares of Agricultural General Research Institute Co., Ltd. (Security Code: 3541). The offer aims to acquire all target shares, outlining the schedule and price proposals.
Key Figures
- Number of target shares (as of August 31, 2025): 22,025,900 shares
- Lower limit of tender offer planned shares: 10,688,800 shares (ownership ratio 49.01%)
- Tender offer price: from initial 625 yen to final 767 yen
AI要約
Overview
SOMPO Light Vortex Inc., a subsidiary of SOMPO Holdings, Inc., is conducting a tender offer for all shares of Agricultural General Research Institute Co., Ltd. Details including contracts with the target shareholders and largest shareholder, the schedule, and the progression of the offer price have been disclosed. The tender offer period is from December 26, 2025, to February 16, 2026.
Key Points
The tender offeror aims for delisting the target shares and business growth, having signed subscription agreements with the largest shareholder and major shareholders. The purchase price is progressively increased multiple times from October 15, 2025, eventually set at 767 yen. The scheme includes squeeze-out procedures aiming for complete acquisition of shares from the target shareholders.
Outlook
After the tender offer is completed, the target group will expand its agricultural distribution business and promote efficiency through the introduction of technologies such as AI demand forecasting systems. It aims for GMV of 30 billion yen and operating income of 450 million yen in the fiscal year ending August 2027, fostering business growth toward sustainable agriculture. In the mid to long term, utilizing support from the SOMPO Group, it plans to strengthen the business foundation and accelerate growth strategies.
