Daito Trust Construction Co., Ltd. will transfer its 31,805,100 shares of Solasto Co., Ltd. (35.07% voting rights) for approximately 24.68 billion yen and expects to be removed from equity-method affiliates around August 2026.<\/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":"1878","jir_company_name":"Daito Trust Construction Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/1878-20260324-01.pdf","jir_short_summary":"Daito Trust Construction Co., Ltd. will transfer its 31,805,100 shares of Solasto Co., Ltd. (35.07% voting rights) for approximately 24.68 billion yen and expects to be removed from equity-method affiliates around August 2026.","jir_summary":"### Overview of the Transaction\nDaito Trust Construction Co., Ltd. has entered into a contract to transfer its 31,805,100 shares of Solasto Co., Ltd. (35.07% voting rights) to the tender offeror related to a tender offer conducted by a fund affiliated with MBK Partners. The transfer price is 24,680 million yen, with the transfer execution scheduled around August 2026. As a result, Solasto will no longer be an equity-method affiliate of the Company, and the capital and business alliance agreement will also be terminated.\n\n### Future Outlook and Use of Proceeds\nThe Company expects to record a special profit of approximately 10 billion yen from the share transfer. The proceeds from the transfer will be partially allocated as strategic investment funds for the real estate development business and overseas business, which are key focus areas in the medium-term management plan covering fiscal years 2024 to 2026. The Company will promptly disclose any necessary revisions to earnings guidance or other material matters.","jir_financial_highlights":"Number of shares transferred: 31,805,100 shares (Number of shares owned reduced to 0 shares)\nTransfer value: 24,680 million yen (Unknown)\nExpected recording of special profit: Approximately 10 billion yen (Unknown)","jir_category":"","jir_hashtags":"#DaitoTrustConstruction, #TenderOffer, #ShareTransfer, #EquityMethodAffiliate, #JapaneseStocks","jir_key_figures":"Number of shares transferred: 31,805,100 shares (35.07% voting rights)\nTransfer value: 24,680 million yen\nExpected recording of special profit: Approximately 10 billion yen (scheduled around August 2026)","jir_meta_title":"Daito Trust Construction to Transfer 31,805,100 Solasto Shares for Approximately 24.68 Billion Yen, Exiting Equity-Method Affiliate Status","jir_meta_description":"Daito Trust Construction Co., Ltd. will transfer its 31,805,100 shares of Solasto Co., Ltd. for 24,680 million yen, and plans to be removed from equity-method affiliates around August 2026. The transfer is expected to result in recording a special profit of approximately 10 billion yen.","jir_og_title":"Daito Trust Construction Announces Solasto Share Transfer, Exiting Equity-Method Affiliate for Approximately 24.68 Billion Yen","jir_og_description":"Daito Trust Construction plans to transfer 31,805,100 shares of Solasto Co., Ltd. and exit its equity-method affiliate status. The transfer price is 24,680 million yen, with an expected special profit of approximately 10 billion yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7542,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-36187","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n