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Sumitomo Densetsu Co ( (JP:1949) ) just unveiled an announcement.
Sumitomo Densetsu Co., Ltd. has announced the establishment of a record date for an upcoming extraordinary shareholders meeting, set for December 23, 2025. This meeting is contingent on the outcome of a tender offer by Daiwa House Industry Co., Ltd., which aims to acquire all outstanding shares of Sumitomo Densetsu, excluding those held by Sumitomo Electric Industries. If successful, the meeting will address share consolidation and potential delisting from the stock exchange, impacting the company’s shareholder structure and market presence.
The most recent analyst rating on (JP:1949) stock is a Buy with a Yen10214.00 price target. To see the full list of analyst forecasts on Sumitomo Densetsu Co stock, see the JP:1949 Stock Forecast page.
More about Sumitomo Densetsu Co
Sumitomo Densetsu Co., Ltd. operates in the electrical construction industry, providing a range of services related to electrical installations and maintenance. The company is part of the TSE Prime Market and is closely associated with Sumitomo Electric Industries, its parent company and largest shareholder.
Average Trading Volume: 148,286
Technical Sentiment Signal: Buy
Current Market Cap: Yen346.2B
For an in-depth examination of 1949 stock, go to TipRanks’ Overview page.