Ankündigung • May 15
Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 26, 2026 Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 26, 2026. Ankündigung • Mar 11
Sumitomo Realty & Development Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Sumitomo Realty & Development Co., Ltd. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026 Ankündigung • Dec 05
Sumitomo Realty & Development Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Sumitomo Realty & Development Co., Ltd. announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 06, 2026 Ankündigung • Sep 17
Sumitomo Realty & Development Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Sumitomo Realty & Development Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Ankündigung • Jun 14
Sumitomo Realty & Development Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Sumitomo Realty & Development Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Ankündigung • Jun 12
Sumitomo Realty Reportedly Seeks $700 Million Office Sale Amid Elliott Push Sumitomo Realty & Development Co., Ltd. (TSE:8830), the Japanese developer facing pressure from Elliott Investment Management L.P. to boost its value, is seeking to sell a group of office properties in Tokyo for at least JPY 100 billion ($700 million), according to people with knowledge of the matter. The developer has earmarked 19 midsized office buildings for the divestment. It has asked real estate investment firms and agencies to estimate the value of the offices, which it is considering selling separately, the people said, asking not to be identified because the matter is private. It is also weighing the sale of eight rental apartment buildings in the city, they said. Representatives for Sumitomo Realty weren’t immediately available for comment. After taking a stake in Sumitomo Realty, Elliott said this week that the Tokyo-based company should do more to improve shareholder returns and corporate governance. The sale plans mark a shift from its business model of developing properties in-house, holding them for the long term, and earning steady income from tenants, toward a strategy targeting capital gains. In a rare public letter, Elliott said it would vote against Sumitomo Realty’s senior management at an annual shareholder meeting on June 27 if no meaningful progress is made on improving its value. It called on the developer to unwind its cross-shareholdings, increase its shareholder payout ratio to 50% or more and target a return on equity of at least 10%. Elliott has built up more than a 3% holding in the company, according to the letter. Ankündigung • Jun 11
Elliott Investment Management Calls to Enhance Corporate Value and Strengthen Corporate Governance Ahead of Sumitomo Realty's Annual General Meeting On June 8, 2025, Elliott Investment Management, L.P. and Elliott Advisors (UK) Limited released an open letter to Sumitomo Realty & Development Co., Ltd.'s shareholders. In the letter, Elliott Investment Management encouraged fellow shareholders to actively engage with the Company's management ahead of the upcoming 2025 annual general meeting of shareholders and to hold the Company accountable for not addressing its long-standing valuation discount and weak corporate governance. The letter outlines 4 key areas of concern – poor shareholder returns, excessive cross shareholdings, declining capital efficiency and subpar governance – and urges the Company to implement tangible reforms. These include increasing its shareholder payout, reducing cross shareholdings, issuing a credible return target and enhancing governance. Elliott Investment Management also emphasized that without meaningful progress from the Company, it intends to vote against the reappointment of senior management at the upcoming AGM. Ankündigung • May 14
Sumitomo Realty & Development Co., Ltd. (TSE:8830) announces an Equity Buyback for 2,000,000 shares, representing 0.43% for ¥10,000 million. Sumitomo Realty & Development Co., Ltd. (TSE:8830) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 0.43% of its issued share capital (excluding treasury stock), for ¥10,000 million. The purpose of the program is to allocate the shares to the stock compensation plan to reward long service and dedication for company's employees. The program will be funded from proceeds from the sale of shares. The repurchased shares will be cancelled. The program will be valid till September 30, 2025. As of May 1, 2025, the company has 466,861,584 issued shares (excluding treasury stock) and 9,224,394 treasury shares. Ankündigung • May 13
Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 27, 2025 Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 27, 2025. Ankündigung • Mar 25
Elliott Investment Management Builds Stake in Sumitomo Realty & Development On March 24, 2025, Elliott Investment Management announced that it has built a significant stake in Sumitomo Realty & Development Co., Ltd. and is engaging with the Company to improve shareholder value. Ankündigung • Mar 16
Sumitomo Realty & Development Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Sumitomo Realty & Development Co., Ltd. announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 13, 2025 Ankündigung • Dec 17
Sumitomo Realty & Development Co., Ltd. (TSE:8830) announces an Equity Buyback for 8,000,000 shares, representing 1.69% for ¥35,000 million. Sumitomo Realty & Development Co., Ltd. (TSE:8830) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for ¥35,000 million. The purpose of the program is to allocate the shares to the stock compensation plan to reward long service and dedication for company's employees engaged in Shinchiku Sokkurisan Remodeling Business and Custom Homes Business. The program will be funded from proceeds from the sale of shares. The program will be valid till June 30, 2025. As of September 30, 2024, the company has 473,758,539 issued shares (excluding treasury stock) and 2,327,439 treasury shares. Ankündigung • Dec 14
Sumitomo Realty & Development Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025 Sumitomo Realty & Development Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025 Ankündigung • Oct 30
NEC Corporation (TSE:6701) proposed to acquire 48.64% stake in NEC Networks & System Integration Corporation (TSE:1973) from the group of shareholders for approximately ¥240 billion. NEC Corporation (TSE:6701) proposed to acquire 48.64% stake in NEC Networks & System Integration Corporation (TSE:1973) from the group of shareholders for approximately ¥240 billion on October 29, 2024. A cash consideration valued at ¥3250 per share will be paid by NEC Corporation. Upon completion, NEC Corporation will own 87.13% direct stake in NEC Networks & System Integration Corporation. The transaction will be financed through senior debt of ¥236 million. NEC plans to borrow funds from Sumitomo Mitsui Banking Corporation by the business day preceding the commencement date of settlement for the Tender Offer subject to the completion of the Tender Offer and the certain other conditions in order to cover the funds required for the Transactions.
The transaction is subject to consummation of due diligence investigation and minimum tender. NEC sets the minimum number of shares to be acquired in the Tender Offer at 22,756,305 shares, If the total number of the shares tendered in the Tender Offer is less than the minimum number of shares to be acquired, NEC will not acquire any of the Tendered Shares. The Board of Directors of NEC Networks & System Integration Corporation formed a special committee for the transaction. NESIC has resolved at the meeting of its board of directors to express its opinion supporting the Tender Offer and to recommend that the shareholders of NESIC tender
their shares in the Tender Offer. The tender offer will be commenced on October 30, 2024, and will close on December 11, 2024.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. acted as financial advisors for NEC Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for NEC Corporation. Daiwa Securities Co. Ltd. acted as financial advisor and provided fairness opinion to NEC Networks & System Integration Corporation. Nishimura & Asahi acted as legal advisor for NEC Networks & System Integration Corporation. Ankündigung • Sep 14
Sumitomo Realty & Development Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Sumitomo Realty & Development Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Ankündigung • Jun 17
Sumitomo Realty & Development Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Sumitomo Realty & Development Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Ankündigung • May 11
Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 27, 2024 Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 27, 2024. Ankündigung • May 10
Sumitomo Realty & Development Co., Ltd. Provides Earnings Guidance for the fiscal Year Ending March 31, 2025 Sumitomo Realty & Development Co., Ltd. provided earnings guidance for the fiscal Year Ending March 31, 2025. For the year, company expects revenue from operations to be JPY 1,000,000, Operating income to be JPY 267,000, Profit attributable to owner of parent to be JPY 190,000. Ankündigung • Mar 17
Sumitomo Realty & Development Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Sumitomo Realty & Development Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Ankündigung • Dec 17
Sumitomo Realty & Development Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Sumitomo Realty & Development Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Ankündigung • Sep 17
Sumitomo Realty & Development Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Sumitomo Realty & Development Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Ankündigung • Jun 07
Sumitomo Realty & Development Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Sumitomo Realty & Development Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Ankündigung • May 13
Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 29, 2023 Sumitomo Realty & Development Co., Ltd., Annual General Meeting, Jun 29, 2023. Ankündigung • Dec 17
Sumitomo Realty & Development Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Sumitomo Realty & Development Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023