Sanyo Trading to expand business into geothermal, marine development

Sanyo Trading Co., Ltd. announced on November 21, 2025, that its board of directors approved a partial amendment to the company's Articles of Incorporation. These changes will be proposed at the 79th ordinary general meeting of shareholders, scheduled for December 18, 2025, which is also the planned effective date for the amendments.

The primary change to Article 2 (purpose) involves expanding the company's business activities. While currently focused on "oil development," the amendment will add "geothermal and marine development" to the company's stated purpose, reflecting a broader strategic direction.

Furthermore, a new Article 7 regarding the acquisition of treasury stock will be established. This new provision will allow the company, based on Article 165, Paragraph 2 of the Companies Act, to acquire its own shares through market transactions or other means, following a resolution by the board of directors. This change is intended to enable more flexible capital policy in response to evolving business environments.