Decision and Details
The Company's Board of DirectorsDelisting of our shares
As a result of approving the demand for the sale of the Company's shares by Sumitomo Mitsui Construction Co., Ltd., the Company's controlling shareholder and parent company, the Company became subject to the delisting criteria stipulated in the Tokyo Stock Exchange Securities Listing Regulations.
| Item | Details |
|---|---|
| Matter Covered | Delisting of our shares |
| Decision-Making Body | The Company's Board of Directors |
| Decision Date | 8 May 2026 (date of resolution) |
| Implementation Date | 29 May 2026 (scheduled; delisting date on the Tokyo Stock Exchange Standard Market) |
| Reason | As a result of approving the demand for the sale of the Company's shares by Sumitomo Mitsui Construction Co., Ltd., the Company's controlling shareholder and parent company, the Company became subject to the delisting criteria stipulated in the Tokyo Stock Exchange Securities Listing Regulations. |
| Governing Rule | Delisting criteria stipulated in the Tokyo Stock Exchange Securities Listing Regulations |
| Related previous disclosures | "Notice Regarding the Decision by Sumitomo Mitsui Construction Co., Ltd. to Make a Demand for the Sale of the Company's Shares, Approval of the Demand for the Sale of Shares, and Delisting of the Company's Shares," dated 8 May 2026 |
| Future plans | The Company's shares will be delisted from the Tokyo Stock Exchange Standard Market as of 29 May 2026. |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.At the meeting of the Board of Directors held on 8 May 2026, the Company approved a demand for the sale of its shares by Sumitomo Mitsui Construction Co., Ltd., the Company's controlling shareholder, and consequently became subject to the Tokyo Stock Exchange's delisting criteria.