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M&A and Subsidiary Changes1911Sumitomo Forestry Co.,Ltd.Construction and Materials

(Update on Previously Disclosed Matter) Notice Regarding Approval of the Proposal for the Acquisition of Tri Pointe Homes, Inc. at Its Special Meeting of Shareholders

The company proposal submitted to the extraordinary general meeting of shareholders of Tri Pointe Homes, Inc. of the United States, which was required to complete the acquisition, was approved and adopted. Completion of the acquisition remains subject to the satisfaction of conditions precedent under the merger agreement, including obtaining approvals from the relevant authorities.

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This transaction

The acquisition
Disclosing companySumitomo Forestry Co.,Ltd.
Tri Pointe Homes, Inc.Subject of this transaction
Execution Date / Effective DateUpon completion of this acquisition (the completion date has not been disclosed)
Target company
Location United States
Impact on Business Performance

Currently under review

Procedures and assumptions
Conditions Precedent to ExecutionObtaining approvals and other necessary authorizations from the relevant authorities, and satisfying the other conditions precedent set forth in the merger agreement
This transaction
ItemDetails
Transaction nameThe acquisition
Name of the Subject CompanyTri Pointe Homes, Inc.
Location of the Subject CompanyUnited States
Impact on Business PerformanceCurrently under review
Execution Date / Effective DateUpon completion of this acquisition (the completion date has not been disclosed)
Conditions Precedent to ExecutionObtaining approvals and other necessary authorizations from the relevant authorities, and satisfying the other conditions precedent set forth in the merger agreement
Items this document does not state (26)
Counterparty nameBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition

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.

The company proposal required to complete the acquisition was approved and adopted at the extraordinary general meeting of shareholders of TPH.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Update on Previously Disclosed Matter) Notice Regarding Approval of the Proposal for the Acquisition of Tri Pointe Homes, Inc. at Its Special Meeting of Shareholders | Sumitomo Forestry Co.,Ltd. (1911) timely disclosure | Komori