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Sumitomo Chemical Co ( (JP:4005) ) has provided an update.
Sumitomo Chemical and Koei Chemical have agreed to a share exchange that will make Koei Chemical a wholly owned subsidiary of Sumitomo Chemical, with Sumitomo as the parent company in a simplified share exchange and Koei seeking shareholder approval at its June 25, 2026 meeting. The transaction, scheduled to take effect on August 1, 2026, will result in Koei Chemical’s delisting from the Tokyo Stock Exchange’s Standard Market on July 30, 2026, further integrating Koei’s nitrogen-compound and specialty chemical capabilities into Sumitomo’s broader growth and innovation strategy.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen520.00 price target. To see the full list of analyst forecasts on Sumitomo Chemical Co stock, see the JP:4005 Stock Forecast page.
More about Sumitomo Chemical Co
Sumitomo Chemical Co., Ltd. is a Japan-based diversified chemical manufacturer operating across agro and life solutions, ICT and mobility solutions, advanced medical solutions, and essential and green materials. Founded in 1925 and listed on the Prime Market of the Tokyo Stock Exchange, it is pursuing a FY2025–27 plan to upgrade its business portfolio, strengthen resilience, improve capital efficiency, and drive R&D focused on biotechnological, digital, and green transformations.
Average Trading Volume: 14,407,771
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen832B
Find detailed analytics on 4005 stock on TipRanks’ Stock Analysis page.