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Taiheiyo Cement subsidiaries increase stake in Toyo Wharf

March 3, 2025 at 07:03 AM UTCBy FilingReader AI

Taiheiyo Cement Corporation [TSE:5233] announced today that its subsidiaries, Mitsui Wharf Co., Ltd., and DC CO., LTD., will acquire shares of TOYO WHARF & WAREHOUSE CO., LTD. [TSE:9351] on February 28, 2025. Mitsui Wharf will acquire 348,300 shares, representing 4.71% of total voting rights, while DC CO., LTD., will acquire 303,200 shares, equivalent to 4.10% of voting rights. The share acquisition by both companies constitutes an acquisition of 5% or more on a voting right basis. According to the company, the acquisition triggers disclosure requirements under the Financial Instruments and Exchange Act due to exceeding the 5% threshold. The total number of issued shares of TOYO WHARF & WAREHOUSE CO., LTD., as of September 30, 2024, is 7.74 million shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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