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SFP Holdings Co.Ltd. ( (JP:3198) ) has shared an announcement.
SFP Holdings Co., Ltd. has resolved to abolish its shareholder benefits program following its planned absorption-type merger in which create restaurants holdings inc. will be the surviving entity and SFP Holdings will be the absorbed company. The termination of the program will apply after benefits granted to shareholders of record as of February 28, 2026, aligning the move with the expected delisting of SFP Holdings on June 29, 2026, should the merger be approved at the general meeting.
Despite the discontinuation of the program, shareholder benefit coupons that have already been issued, with expiration dates of May 31, 2026 and November 30, 2026, will remain valid for use at restaurants operated by SFP Holdings, Johsmile Co., Ltd., and CLOOC DINING CO., LTD. This ensures existing shareholders can still redeem outstanding benefits within the stated validity period, though the coupons will not be accepted at other create restaurants holdings Group stores, signaling a transition phase for stakeholders ahead of the merger and delisting.
More about SFP Holdings Co.Ltd.
SFP Holdings Co., Ltd. operates restaurant businesses in Japan, running its own outlets as well as those of group companies such as Johsmile Co., Ltd. and CLOOC DINING CO., LTD. The company is listed on the Tokyo Stock Exchange Prime Market under securities code 3198, positioning it within the country’s listed food service and dining sector.
Average Trading Volume: 44,903
Technical Sentiment Signal: Buy
Current Market Cap: Yen56.12B
For a thorough assessment of 3198 stock, go to TipRanks’ Stock Analysis page.