Sumitomo Riko sets record date for potential extraordinary meeting

Sumitomo Riko Company Limited has set December 23, 2025, as the record date for voting rights at a potential extraordinary shareholders meeting, following a board resolution on December 8, 2025. This measure prepares for a meeting anticipated for mid-February 2026, intended to determine shareholders eligible to exercise voting rights. The announcement was made on December 8, 2025.

The need for an extraordinary meeting depends on the outcome of a tender offer by Sumitomo Electric Industries, Ltd., which began on October 31, 2025. If Sumitomo Electric, along with its wholly owned subsidiaries, acquires less than 90% of Sumitomo Riko's total voting rights, a meeting will be convened to consider a share consolidation and related amendment to the articles of incorporation.

Conversely, if the tender offer is not successfully completed, or if the offeror and its wholly owned subsidiaries acquire 90% or more of the voting rights, leading to a "Demand for Cash-Out," the extraordinary shareholders meeting will not be held, and the set record date will not be utilized.