Komori
Treasury Shares4212Sekisui Jushi CorporationMaterials and Chemicals

Notice of Application to Sell Shares in an Equity-Method Affiliate’s Treasury Share Purchase through an Off-Auction Purchase Transaction (ToSTNeT-3)

The Company has decided to sell 380,000 of the 690,000 shares it holds in 日本興業, an equity-method affiliate, in connection with 日本興業’s acquisition of treasury shares. If the sale of all shares is completed, 日本興業 is expected to cease being an equity-method affiliate.

Worth reading
44Recurring
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
380000
Shares
Wording
Conditional
How definitive the wording is.

自己株式に関する決定

自己株式に関する決定
ItemDetails
Items this document does not state (16)
Class of shares to be acquiredMaximum number of shares to be acquiredPercentage of total issued sharesTotal acquisition priceAcquisition periodMethod of acquisitionReason for acquisitionResolution dateNumber of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

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.

To make the management autonomy and independence of both companies clearer, optimize the composition of the Company’s assets, and allocate management resources more efficiently. The Company also intends to improve capital efficiency and advance the allocation of funds to growth investments.

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.