Sumitomo Electric amends Sumitomo Riko tender offer details

Sumitomo Electric Industries, as the tender offeror, has filed an amendment to its tender offer registration statement for Sumitomo Riko Company Limited (target company). This amendment follows the target company's submission of its semi-annual securities report and an amendment report, as well as the tender offeror's own semi-annual securities report.

The revised figures indicate that Sumitomo Electric Industries now indirectly owns 1,220,469 shares of target company stock, an increase from the previously stated 1,220,423 shares. This adjustment brings the total ownership to 52,755,370 shares (ownership ratio: 50.81%), making the target company a consolidated subsidiary.

Specifically, the number of shares indirectly owned by Sumiden Shoji Co., Ltd. has been updated to 142,102 shares, up from 142,056 shares. This figure includes 31,292 shares indirectly owned through the target company's Sumitomo Riko Kyouei Stock Ownership Association, a slight increase from the previous 31,246 shares. These amendments do not alter the terms of purchase for the tender offer.