Shibusawa Logistics to sell Fujitec shares, expects ¥2.6bn extraordinary income

Shibusawa Logistics announced its decision to tender all 564,700 shares of Fujitec Co., Ltd. in a tender offer initiated by Bospolder 1 Corporation. The company, which held the shares as part of its cross-shareholdings, cited the Fujitec board's support and the tender offer's reasonable terms as reasons for its participation. The purchase price for the tender offer is ¥5,700 per common stock.

This transaction is expected to result in an extraordinary income of ¥2,658m for Shibusawa Logistics, to be recognized as a gain on the sale of investment securities in the third quarter of the fiscal year ending March 2026. The tender offer period is scheduled from November 14, 2025, to December 15, 2025, with settlement starting on December 22, 2025.

The projected extraordinary income from this sale was not included in the consolidated earnings forecast for the fiscal year ending March 2026, which was announced on November 7, 2025. Shibusawa Logistics is currently reviewing the impact of this event on its overall earnings forecast, along with other factors, and will promptly disclose any necessary revisions.