tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sumitomo Electric Moves to Fully Acquire Sumitomo Riko, Triggering January Delisting

Story Highlights
  • Sumitomo Electric raised its ownership in Sumitomo Riko to 92.32 percent via a tender offer.
  • Approval of a share cash-out will squeeze out minorities and delist Sumitomo Riko in January 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sumitomo Electric Moves to Fully Acquire Sumitomo Riko, Triggering January Delisting

Claim 70% Off TipRanks This Holiday Season

Sumitomo Riko Company Limited ( (JP:5191) ) just unveiled an announcement.

Sumitomo Riko Company Limited has approved a share cash-out demand from its controlling shareholder, Sumitomo Electric Industries, Ltd., after Sumitomo Electric and its wholly owned subsidiaries increased their stake to 92.32% of the company’s shares through a tender offer that concluded with settlement on December 22, 2025. As part of a planned transaction to make Sumitomo Riko a wholly owned subsidiary, all remaining minority shareholders will be required to sell their shares to Sumitomo Electric under Japan’s Companies Act, triggering the company’s delisting from the Tokyo and Nagoya stock exchanges on January 29, 2026 and ending public trading in its stock.

The most recent analyst rating on (JP:5191) stock is a Buy with a Yen2968.00 price target. To see the full list of analyst forecasts on Sumitomo Riko Company Limited stock, see the JP:5191 Stock Forecast page.

More about Sumitomo Riko Company Limited

Sumitomo Riko Company Limited is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. As part of the Sumitomo group, it operates in the industrial and automotive components sector, supplying rubber and resin products and related materials to domestic and global manufacturers.

Average Trading Volume: 388,488

Technical Sentiment Signal: Buy

Current Market Cap: Yen268.5B

See more insights into 5191 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1