This transaction
Share acquisition (making the company a wholly owned subsidiary)The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Sales of cement and solidifying materials, among other operations
| Item | Details |
|---|---|
| Transaction name | Share acquisition (making the company a wholly owned subsidiary) |
| Counterparty name | Tokuyama Corporation |
| Name of the Subject Company | トクヤマセメント株式会社 |
| Business Description of the Subject Company | Sales of cement and solidifying materials, among other operations |
| Location of the Subject Company | Bunkyo-ku, Tokyo |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
| Conditions Precedent to Execution | Completion of the procedures required for the business succession through an absorption-type company split scheduled for 1 October 2026, the share acquisition, the making of the company a wholly owned subsidiary, and the change in corporate name |
| Management structure after acquisition | The corporate name is scheduled to change to “トクヤマ太平洋株式会社.” The representative director and president will be Isomura Tetsuro (磯村哲郎). The company is scheduled to commence operations as a member of the Taiheiyo Cement Group. Employee treatment: Not disclosed |
Items this document does not state (23)
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 inherit the customer base, sales functions and network of affiliated companies developed through Tokuyama Corporation’s long-standing cement and solidifying materials sales business, and to maintain and improve stable supplies and service quality for customers.