SFPホールディングス’ Equity Adjustment Toward Compliance with the Listing Maintenance Criteria
First written in FY2024-Q2. 5 of 13 entries say "Advanced", first in 2026-04-14. Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2027-H1AchievedAnnual report
「At meetings of their respective boards of directors held on 14 April 2026, the Company and SFP Holdings Co.,Ltd. resolved to carry out an absorption-type merger in which the Company would be the surviving company and SFP Holdings Co.,Ltd. the absorbed company. The two companies entered into a merger agreement on the same date and completed the merger effective 1 July 2026 pursuant to that agreement.」
The absorption-type merger proposed as a change in policy from adjusting SFP Holdings' ownership interest and addressing the continued listing criteria was completed effective 1 July 2026. The Company remained the surviving company after the merger, completing the integration of the holding company functions. - FY2026ReframedAnnual report
「We concluded that the best approach would be for CRH and SFPHD to merge, integrate the holding-company functions of both companies, and establish a flexible and agile decision-making structure. Accordingly, on 9 December 2025, we proposed the merger to SFPHD from CRH.」
The policy has shifted from the previous adjustment of the stake to address SFP Holdings’ listing maintenance requirements to the integration of holding-company functions through the planned absorption-type merger on 1 July 2026. - FY2024AchievedAnnual report
「As a result, the Group’s ownership interest in SFP Holdings Co.,Ltd. decreased from 63.73% to 58.96%, but we continued to control SFP Holdings Co.,Ltd. after the sale.」
The partial sale of SFP Holdings shares was completed, reducing the ownership ratio from 63.73% to 58.96%. The adjustment of the stake to meet listing maintenance requirements has been completed. - FY2024-Q2First statedAnnual report
「Following the decision by the Group’s consolidated subsidiary, SFP Holdings Co.,Ltd. (the “SFP Holdings”), at its Board of Directors meeting held on 20 July 2023 to conduct a tender offer for its own shares, we resolved at our Board of Directors meeting held on 20 July 2023 to tender some of the SFP Holdings common shares we held into the tender offer, and sold the subsidiary’s shares on 12 September 2023.」
To meet the Prime Market listing maintenance requirements for SFP Holdings Co.,Ltd., the Group tendered 3,000,000 shares into the tender offer, reducing its voting-rights-based ownership ratio from 63.73% to 58.96%.