Yamatake Sogyo Co., Ltd.'s decision to make a demand for the sale of shares in the Company, approval of the demand for the sale of shares, and delisting of the Company's shares
SHINPO CO.,LTD.; Yamatake Sogyo Co., Ltd. (special controlling shareholder)
SHINPO CO.,LTD. common shares (listed on the Tokyo Stock Exchange Standard Market)
To take the Company's shares private through an MBO, enabling faster and more flexible management decisions and advancing the expansion of the overseas and aftermarket businesses. The purposes are also to reduce the costs of maintaining the listing and make more effective use of management resources.
Related procedures
Demand for the sale of shares (two-step acquisition procedure under Article 179 of the Companies Act)
Tokyo Stock Exchange, Inc.
Company response
Trading in the Company's shares on the Tokyo Stock Exchange Standard Market (following delisting on 22 July 2026)
A special committee was established on 14 November 2025. The committee consists of 3 members: Chairperson Achiwa Tomohiro (阿知波智大), and members Takahashi Yuko (高橋裕子) and Seki Tatsuya (瀬木達也).
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Yamatake Sogyo Co., Ltd. holds 5,235,949 of the Company's shares, representing 95.19% of voting rights (as of 1 July 2026)
The final trading date is scheduled for 21 July 2026, delisting for 22 July 2026, and the acquisition of the shares for 24 July 2026. The management structure and other matters following the demand for the sale of shares will be discussed and considered by Yamatake Sogyo Co., Ltd. and SHINPO CO.,LTD.
| Item | Details |
|---|---|
| Event name | Yamatake Sogyo Co., Ltd.'s decision to make a demand for the sale of shares in the Company, approval of the demand for the sale of shares, and delisting of the Company's shares |
| Date of occurrence | 1 July 2026 |
| Date recognized / date notice received | 1 July 2026 |
| Subject Entity | SHINPO CO.,LTD.; Yamatake Sogyo Co., Ltd. (special controlling shareholder) |
| Target Locations / Products | SHINPO CO.,LTD. common shares (listed on the Tokyo Stock Exchange Standard Market) |
| Cause | To take the Company's shares private through an MBO, enabling faster and more flexible management decisions and advancing the expansion of the overseas and aftermarket businesses. The purposes are also to reduce the costs of maintaining the listing and make more effective use of management resources. |
| Type of litigation or proceeding | Demand for the sale of shares (two-step acquisition procedure under Article 179 of the Companies Act) |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Suspended operations | Trading in the Company's shares on the Tokyo Stock Exchange Standard Market (following delisting on 22 July 2026) |
| Investigation structure | A special committee was established on 14 November 2025. The committee consists of 3 members: Chairperson Achiwa Tomohiro (阿知波智大), and members Takahashi Yuko (高橋裕子) and Seki Tatsuya (瀬木達也). |
| Voting rights ownership percentage after the change | Yamatake Sogyo Co., Ltd. holds 5,235,949 of the Company's shares, representing 95.19% of voting rights (as of 1 July 2026) |
| Outlook | The final trading date is scheduled for 21 July 2026, delisting for 22 July 2026, and the acquisition of the shares for 24 July 2026. The management structure and other matters following the demand for the sale of shares will be discussed and considered by Yamatake Sogyo Co., Ltd. and SHINPO CO.,LTD. |
Items this document does not state (13)
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 purpose is to take SHINPO CO.,LTD. private through an MBO, enabling faster and more flexible management decisions and advancing investment in and expansion of the overseas and aftermarket businesses. Reducing the costs of maintaining the listing and making more effective use of management resources were also cited as reasons.