Announcement • Apr 12
Nousouken Corporation to Delist from Growth Market Segment of the Tokyo Stock Exchange, Effective April 27, 2026 Nousouken Corporation will be delisted from Growth Market Segment of the Tokyo Stock Exchange effective from April 27, 2026 due to acquisition by another company. Announcement • Apr 07
Nousouken Corporation to Report Q2, 2026 Results on Apr 14, 2026 Nousouken Corporation announced that they will report Q2, 2026 results on Apr 14, 2026 Announcement • Feb 17
SOMPO Light Vortex Inc. completed the acquisition of 82.34% stake in Nousouken Corporation (TSE:3541) from a group of shareholders. SOMPO Light Vortex Inc. agreed to acquire 82.34% stake in Nousouken Corporation (TSE:3541) from a group of shareholders for ¥13.8 billion on December 25, 2025. A cash consideration valued at ¥767 per share will be paid by SOMPO Light Vortex Inc. After the completion of the Squeeze-out Procedures, SOMPO Light Vortex Inc., Tomomasa Oikawa, and Hiroshi Horiuchi will hold shares equal to 82.5%, 12.5%, and 5% of the total number of issued shares of the Nousouken Corporation.
The transaction is subject to de-listing of company stock and minimum tender and approval by Financial Services Agency. The Board of Directors of Nousouken Corporation formed a special committee for the transaction. The expected completion of the transaction is February 16, 2026. As of January 23, 2026, the deal has been approved by the Financial Services Agency.
Mizuho Securities Co., Ltd. act as financial advisor, Gaikokuho Kyodo Jigyo of Nishimura & Asahi act as legal advisor for SOMPO Light Vortex Inc. TMI Associates act as legal advisor and Deloitte Tohmatsu Financial Advisory LLC act as financial advisor for Nousouken Corporation.
SOMPO Light Vortex Inc. completed the acquisition of 82.34% stake in Nousouken Corporation (TSE:3541) from a group of shareholders on February 16, 2026. As the total number of Tendered Shares (16,562,200 shares) is equal to or exceeds the minimum number of shares (10,688,800 shares) intended to be purchased, SOMPO has purchased all the Tendered Shares.
Following the results of the Tender Offer, SOMPO intends to implement the procedures to acquire all of the Target Company Shares. However, if the aforementioned procedures are implemented, the Target Company Shares will be delisted through prescribed procedures in accordance with the delisting criteria set by the TSE. SOMPO will discuss the future procedures with the Target Company, and the Target Company will announce them promptly once they are decided. 
