Sekisui House acquires stake in Tsuchiya Holdings

Sekisui House (TSE:1928) announced today it will acquire shares of Tsuchiya Holdings Co., Ltd. (Stock Code: 1840) via a capital and business alliance. The acquisition, structured as a purchase of 1,585,800 common shares, is valued at 6.15% of voting rights in Tsuchiya Holdings. It will be executed in two phases: first, the purchase of 808,000 shares from existing Tsuchiya Holdings shareholders through ToSTNeT-1 on March 26, 2025; second, the subscription to a third-party allotment of 777,800 shares of Tsuchiya Holdings treasury stock on March 31, 2025. The acquisition, which triggers disclosure requirements under financial regulations due to exceeding 5% ownership, signifies a strategic move for Sekisui House as the companies look to build a mutually beneficial partnership.