TOKYO, Mar 10 (Pulse News Wire) – Kaga Electronics CO.,LTD. (8154.T) announced today its intention to acquire shares of Sanwa Tech (code number: 8,137) on March 11, 2026.
The acquisition will exceed the threshold set by Article 167, Paragraph 1 of the Financial Instruments and Exchange Act and its implementing regulations, specifically the "buy-in behavior equivalent to public tender offers." According to the disclosure, Kaga Electronics plans to purchase 1,163,100 ordinary shares of Sanwa Tech. Based on Sanwa Tech's total outstanding shares as of September 30, 2025 (16,044,000), this acquisition represents 7.25% of the total issued share capital. The acquisition is scheduled to take place on March 11, 2026, and is expected to significantly impact voting rights within Sanwa Tech.
For further inquiries, interested parties should contact Mr. Yasuhiro Ishihara, Managing Director, at Sanwa Tekunosu Kabushiki Kaisha. This move underscores Kaga Electronics' strategic investment approach and potential influence over Sanwa Tech's governance structure.
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