Hikari Tsushin to Fully Acquire FT Group via Simplified Share Exchange and Delisting

Hikari Tsushin, Inc. ( (JP:9435) ) has shared an announcement.

Hikari Tsushin has signed a share exchange agreement to turn its consolidated subsidiary FT Group Co., Ltd. into a wholly owned unit via a simplified share exchange, with Hikari Tsushin as the parent and FT Group as the subsidiary. The move responds to concerns over FT Group’s growth sustainability, projected medium- to long-term performance decline and challenges meeting continued listing criteria, leading the parties to view delisting as a reasonable capital strategy aligned with minority shareholder interests.

Under the agreed structure, FT Group shareholders will receive 0.03 Hikari Tsushin share for each FT Group share, with about 360,692 Hikari Tsushin shares to be delivered mainly from treasury stock. FT Group plans to cancel all of its treasury shares before the effective date, and following shareholder approval at FT Group’s June 23, 2026 meeting, the company is scheduled to be delisted on July 30, 2026 and become a wholly owned subsidiary on August 1, 2026, consolidating control and simplifying group governance.

The most recent analyst rating on (JP:9435) stock is a Hold with a Yen45025.00 price target. To see the full list of analyst forecasts on Hikari Tsushin, Inc. stock, see the JP:9435 Stock Forecast page.

More about Hikari Tsushin, Inc.

Hikari Tsushin, Inc. is a Japan-based diversified services company listed on the TSE Prime that operates across telecommunications, network infrastructure and corporate solutions. Through its group companies, it is involved in businesses such as electricity retailing, communication line services and information, communication and environmental solutions aimed primarily at corporate customers.

Average Trading Volume: 88,992

Technical Sentiment Signal: Buy

Current Market Cap: Yen1757.7B

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