SCSK Corp tenders ARGO GRAPHICS shares, revises forecasts upwards

SCSK Corporation announced the results of its tender of ARGO GRAPHICS Inc. shares, concluding on June 9, 2025. The company sold 4,160,000 shares at a price of JPY4,475 per share, resulting in total proceeds of JPY18,616 million. Following the sale, SCSK holds 580,000 ARGO GRAPHICS shares, representing 2.6% of the total issued shares. As a result of this transaction and anticipated gains on investments, SCSK has revised its full-year consolidated performance forecasts. The consolidated ordinary profit is now projected to reach JPY88,300 million, up from the previously forecasted JPY81,500 million, and profit attributable to owners of parent has been revised from JPY57,600 million to JPY63,500 million, with consolidated earnings per share increasing from JPY184.29 to JPY203.17. The tender offer is scheduled to settle on July 2, 2025, which will also cease ARGO GRAPHICS as an equity-method affiliate of SCSK. There is no change in the dividend forecasts of JPY94 per share as a result of the Share Sale.