Daiwa House Industry Co., Ltd. acquired 14,389,928 shares of common stock of Sumitomo Densetsu Co., Ltd. through a tender offer at 9,760 yen per share, raising its ownership ratio to 40.89%.<\/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 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Ltd.","jir_importance":"\u26055","jir_publication_date":"2025-12-16","jir_source_link":"[Placeholder]","jir_short_summary":"Daiwa House Industry Co., Ltd. acquired 14,389,928 shares of common stock of Sumitomo Densetsu Co., Ltd. through a tender offer at 9,760 yen per share, raising its ownership ratio to 40.89%.","jir_summary":"### Overview of the Tender Offer\nThe offeror is Daiwa House Industry Co., Ltd., and the target company is Sumitomo Densetsu Co., Ltd. (Securities Code: 1949). The tendered shares are common stock, with a purchase price of 9,760 yen per share. The tender offer period is 30 business days from October 31, 2025, to December 15, 2025. The minimum number of shares planned for purchase is 3,880,000 shares, with no upper limit set. The total number of shares tendered was 14,389,928 shares, which exceeded the minimum purchase number; therefore, all tendered shares were purchased.\n\n### Purpose and Future Outlook\nThe purpose of this tender offer is to acquire all the target shares (excluding treasury stock and shares subject to non-acceptance agreements). The ownership ratio before the tender offer was 0%, and it increased to 40.89% after the tender offer. Going forward, the target shares are scheduled to be delisted from the Tokyo Stock Exchange Prime Market following due procedures in accordance with the delisting criteria. The change in affiliate status is expected to take effect as of December 22, 2025.","jir_financial_highlights":"Purchase Price: 9,760 yen (Unknown)\nChange in Ownership Ratio: 0% \u2192 40.89% (Increase of 40.89%)","jir_category":"M&A\/Alliance,Capital Policy","jir_hashtags":"#DaiwaHouseIndustryCoLtd,#SumitomoDensetsuCoLtd,#TenderOffer,#TOB,#JapaneseStocks","jir_key_figures":"Offeror: Daiwa House Industry Co., Ltd.\nTarget Company: Sumitomo Densetsu Co., Ltd. (Securities Code: 1949)\nPurchase Price: 9,760 yen\/share\nNumber of Shares Acquired: 14,389,928 shares\nChange in Ownership Ratio: 0% \u2192 40.89%\nTender Offer Period: 2025-10-31 to 2025-12-15\nPurpose of TOB: Acquisition of all target shares (excluding treasury stock and shares subject to non-acceptance agreements)","jir_meta_title":"Daiwa House Industry Acquires 40.89% of Sumitomo Densetsu Shares via Tender Offer","jir_meta_description":"Daiwa House Industry Co., Ltd. acquired 14,389,928 shares of common stock of Sumitomo Densetsu Co., Ltd. at 9,760 yen per share through a tender offer, raising its ownership ratio to 40.89%. Delisting procedures are planned going forward.","jir_og_title":"Daiwa House Industry Announces Tender Offer Result for Sumitomo Densetsu Shares","jir_og_description":"Daiwa House Industry Co., Ltd. acquired shares of Sumitomo Densetsu Co., Ltd. through a tender offer and plans to make it an affiliate. The purchase price was 9,760 yen per share, acquiring 14,389,928 shares.","jir_og_image_url":"\/assets\/og\/company-tender-offer.jpg","jir_chart_data_collection":"[]","ir_related_company":6895,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-7295","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n