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How definitive the wording is.This transaction
This business integrationCounterpartySUMITOMO CHEMICAL COMPANY,LIMITED
Disclosing companyIdemitsu Kosan Co.,Ltd.
Contract Date24 December 2025
Execution Date / Effective DateAfter the completion of merger reviews by competition authorities outside Japan (予定)
Target company
SUMITOMO CHEMICAL COMPANY,LIMITED's domestic PP and LLDPE businesses
Location Japan
Procedures and assumptions
Conditions Precedent to ExecutionScheduled to be completed after the completion of merger reviews by competition authorities outside Japan
| Item | Details |
|---|---|
| Transaction name | This business integration |
| Counterparty name | SUMITOMO CHEMICAL COMPANY,LIMITED |
| Business Description of the Subject Company | SUMITOMO CHEMICAL COMPANY,LIMITED's domestic PP and LLDPE businesses |
| Location of the Subject Company | Japan |
| Contract Date | 24 December 2025 |
| Execution Date / Effective Date | After the completion of merger reviews by competition authorities outside Japan (予定) |
| Conditions Precedent to Execution | Scheduled to be completed after the completion of merger reviews by competition authorities outside Japan |
Items this document does not state (25)
Name 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)Impact on Business PerformanceDate of board resolutionValuation 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.Mitsui Chemicals, Idemitsu Kosan and SUMITOMO CHEMICAL COMPANY,LIMITED are pursuing this business integration to establish resilient essential businesses that support Japanese industry and strengthen the competitiveness of the domestic polyolefin business.
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