{"id":16460,"date":"2026-01-08T20:02:56","date_gmt":"2026-01-08T11:02:56","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1911-20260108-01_wp_m_and_a_alliance-2\/"},"modified":"2026-01-08T20:02:56","modified_gmt":"2026-01-08T11:02:56","slug":"1911-20260108-01_wp_m_and_a_alliance-2","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1911\/ir\/1911-20260108-01_wp_m_and_a_alliance-2\/","title":{"rendered":"Regarding the Change in Shareholding Ratios between Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd."},"content":{"rendered":"<p>Sumitomo Forestry plans to sell 11,473,400 shares (6.6%) of Kumagai Gumi, and Kumagai Gumi plans to sell 4,777,600 shares (0.8%) of Sumitomo Forestry in January 2026, optimizing the capital relationship between the two companies.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1911","jir_company_name":"Kumagai Gumi Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/1911-20260108-01.pdf","jir_short_summary":"Sumitomo Forestry plans to sell 11,473,400 shares (6.6%) of Kumagai Gumi, and Kumagai Gumi plans to sell 4,777,600 shares (0.8%) of Sumitomo Forestry in January 2026, optimizing the capital relationship between the two companies.","jir_summary":"### Reasons and Details for Change in Shareholding Ratios\nSince the business and capital alliance formed in November 2017, Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd. have promoted collaboration. However, aiming to improve capital efficiency and maximize shareholder value, they have decided to optimize their capital relationship by mutually selling part of their held shares. Sumitomo Forestry plans to sell 11,473,400 shares (equivalent to 6.6%) of Kumagai Gumi through a public offering underwritten by Daiwa Securities. Kumagai Gumi plans to sell 4,777,600 shares (equivalent to 0.8%) of Sumitomo Forestry through a block trade via securities firms.\n\n### Future Partnership and Impact on Performance\nWhile maintaining their partnership, both companies will actively invest in collaborative areas and strengthen cooperation in wooden construction, environmental greening, and overseas construction and development sectors. The sale of Kumagai Gumi shares by Sumitomo Forestry is expected to have a minimal impact on consolidated performance. Kumagai Gumi will recognize gains on sale of investment securities as an extraordinary income in the fourth quarter of the fiscal year ending March 2026.","jir_financial_highlights":"Number of Kumagai Gumi shares planned for sale: 11,473,400 shares (maximum) (6.6% of total outstanding shares (excluding treasury shares))\nNumber of Sumitomo Forestry shares planned for sale: 4,777,600 shares (0.8% of total outstanding shares (excluding treasury shares))\nScheduled sale dates: From January 8, 2026 (Kumagai Gumi), January 26\u201329, 2026 (Sumitomo Forestry) (Unknown)","jir_category":"","jir_hashtags":"#KumagaiGumi, #SumitomoForestry, #CapitalAlliance, #ShareholdingRatioChange, #M&A","jir_key_figures":"Planned number of Kumagai Gumi shares to be sold by Sumitomo Forestry: 11,473,400 shares (6.6% of total outstanding shares)\nPlanned number of Sumitomo Forestry shares to be sold by Kumagai Gumi: 4,777,600 shares (0.8% of total outstanding shares)\nScheduled sale dates: Sumitomo Forestry\u2019s share sale from January 26 to 29, 2026; Kumagai Gumi\u2019s share sale from January 8, 2026","jir_meta_title":"Sumitomo Forestry and Kumagai Gumi Announce Change in Shareholding Ratios with Sale of 11,473,400 Kumagai Gumi Shares","jir_meta_description":"Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd. will mutually sell shares to improve capital efficiency. Sumitomo Forestry plans to sell 11,473,400 shares (6.6%) of Kumagai Gumi, and Kumagai Gumi plans to sell 4,777,600 shares (0.8%) of Sumitomo Forestry in January 2026.","jir_og_title":"Sumitomo Forestry and Kumagai Gumi Announce Change in Shareholding Ratios","jir_og_description":"Both companies will adjust their shareholding ratios to improve capital efficiency by selling 11,473,400 Kumagai Gumi shares and 4,777,600 Sumitomo Forestry shares.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7592,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-16460","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Regarding the Change in Shareholding Ratios between Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd. - 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