SI LLC, a wholly owned subsidiary of Itochu Corporation, acquired 6,656,900 shares of Sun Frontier Fudosan (11.62% voting rights) through a tender offer and will become a major shareholder as of April 16, 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":"8934","jir_company_name":"Sun Frontier Fudosan Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8934-20260410-01.pdf","jir_short_summary":"SI LLC, a wholly owned subsidiary of Itochu Corporation, acquired 6,656,900 shares of Sun Frontier Fudosan (11.62% voting rights) through a tender offer and will become a major shareholder as of April 16, 2026.","jir_summary":"### Regarding the Results of the Tender Offer\nSI LLC, a wholly owned subsidiary of Itochu Corporation, during the tender offer for ordinary shares of Sun Frontier Fudosan Co., Ltd. conducted from February 26 to April 9, 2026, received a total of 7,768,279 shares tendered, exceeding the planned purchase upper limit of 6,656,900 shares. Therefore, SI LLC acquired the upper limit of 6,656,900 shares. The acquisition price was 2,800 yen per share, totaling 18,639 million yen.\n\n### Major Shareholders and Future Outlook\nAs a result of this tender offer, SI LLC will become a major shareholder of the company (with 11.62% voting rights) as of April 16, 2026, and Itochu Corporation will be classified as another related party holding a total of 22.45% voting rights directly and through the tender offeror. The listing of the shares is planned to be maintained, and there is no change to the policy based on the capital and business alliance agreement.","jir_financial_highlights":"Number of Shares Acquired: 6,656,900 shares (Reached upper limit of planned purchase quantity and acquired)\nAcquisition Price: 18,639 million yen (Unknown)\nVoting Rights Ownership Ratio (After Change): 22.45% (Increased from 10.15% before change)","jir_category":"","jir_hashtags":"#SunFrontierFudosan, #TenderOffer, #TOB, #ItochuCorporation, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 6,656,900 shares (shares acquired through tender offer)\nAcquisition Price: 18,639 million yen (calculated at 2,800 yen per share)\nVoting Rights Ownership Ratio (After Change): 22.45% (total of Itochu Corporation and SI LLC)","jir_meta_title":"Sun Frontier Fudosan Acquires 22.45% Voting Rights via Tender Offer by Itochu Subsidiary","jir_meta_description":"Sun Frontier Fudosan acquired 6,656,900 shares (18,639 million yen) through a tender offer by SI LLC, a wholly owned subsidiary of Itochu Corporation, and will become a major shareholder as of April 16, 2026. The stock listing is expected to be maintained.","jir_og_title":"Sun Frontier Fudosan Announces Results of Tender Offer by Itochu Subsidiary","jir_og_description":"A subsidiary of Itochu Corporation has completed the tender offer for Sun Frontier Fudosan shares and will become a major shareholder. Explanation on the future capital relationship and stock listing outlook.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9458,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-40073","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n