Sumitomo Corporation launches tender offer for SCSK

SC Investments Management Inc., a subsidiary of Sumitomo Corporation, has commenced a tender offer for SCSK Corporation shares. The offer period runs from October 30, 2025, to December 12, 2025, encompassing 30 business days. The purchase price is set at JPY 5,700 per share.

Sumitomo Corporation intends to acquire 154,701,633 shares, with a minimum target of 50,347,400 shares. The total consideration for the tender offer is approximately JPY 882.0 bn. Following the tender offer, Sumitomo Corporation plans to implement a squeeze-out procedure to achieve full ownership of SCSK Corporation.

Funding for the tender offer will be secured through a bridge loan, which is slated for refinancing with medium- to long-term bank borrowings or straight bonds, with no equity financing planned. Sumitomo Corporation aims to reduce the temporary increase in interest-bearing liabilities and the Net Debt to Equity Ratio to current levels by the end of FY 2028 through accelerated asset replacement and disciplined strategic investments.