FilingReader Intelligence

Sugi Holdings acquires 35% stake in Seki Yakuhin

August 19, 2025 at 07:19 AM UTC•By FilingReader AI

Sugi Holdings will acquire 37,929 shares (34.8% stake) in Seki Yakuhin for 15.96 billion yen, with plans to increase ownership to 49% by September 2025.

Seki Yakuhin operates over 300 stores in Saitama and North Kanto regions. Sugi Holdings plans to acquire an additional 2% stake within five years to gain majority control at 51%.

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

Primary Source Document

Announcement of Acquisition of Shares in Seki Yakuhin Co., Ltd. (Conversion to Equity Method Affiliate)August 19, 2025 at 07:00 AM UTC

Supplementary Source Documents

Notice regarding the acquisition of shares of Seki Yakuhin Co., Ltd. (making it an equity-method affiliate)August 19, 2025 at 07:00 AM UTC

Sugi Holdings

TSE:7649•Tokyo Stock Exchange

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