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Fuji Oil Company. Limited ( (JP:5017) ) just unveiled an update.
Fuji Oil Company has obtained shareholder approval at an extraordinary general meeting for a massive share consolidation, abolition of the unit share system, and related amendments to its Articles of Incorporation. The consolidation, at a ratio of 5,811,390 shares to one, will reduce the total number of issued shares from 77,395,202 to 13 and is structured so that, following the transaction, Idemitsu Kosan and the Government of the Kingdom of Saudi Arabia will become the sole shareholders. As a result, Fuji Oil’s common shares now meet the Tokyo Stock Exchange’s delisting criteria and have been designated for delisting on January 20, 2026, after which they will no longer be traded on the Prime Market. Minority shareholders will be cashed out via the sale of aggregated fractional shares—intended to be sold to Idemitsu—with proceeds targeted to mirror the prior tender offer price, subject to court approval and possible rounding adjustments, effectively completing Fuji Oil’s transition to a closely held company and altering liquidity and exit options for remaining public investors.
The most recent analyst rating on (JP:5017) stock is a Hold with a Yen480.00 price target. To see the full list of analyst forecasts on Fuji Oil Company. Limited stock, see the JP:5017 Stock Forecast page.
More about Fuji Oil Company. Limited
Fuji Oil Company, Ltd. is a Japanese energy firm listed on the Tokyo Stock Exchange Prime Market, engaged primarily in the oil and petroleum products business. The company operates within Japan’s refined oil and fuel supply chain, serving industrial and commercial customers while maintaining strategic relationships with major energy players such as Idemitsu Kosan and state-backed stakeholders including the Government of the Kingdom of Saudi Arabia.
YTD Price Performance: 63.29%
Average Trading Volume: 625,875
Technical Sentiment Signal: Buy
Current Market Cap: Yen36.76B
For a thorough assessment of 5017 stock, go to TipRanks’ Stock Analysis page.