TOKYO, Apr 23 (Pulse News Wire) – Kasai Kogyo CO.,LTD. (7256.T) acknowledged on Sunday that Ikuyo Co., Ltd.
Had publicly disclosed its intention to acquire shares of Kasai Kogyo. According to the disclosure made by Ikuyo Co. on Saturday, April 22, the company currently holds approximately ４% shares of Kasai Kogyo. Additionally, Ikuyo Co.
Indicated a possibility of further share acquisitions. In response, Kasai Kogyo stated its commitment to enhancing corporate value and realizing mutual benefits for shareholders. However, the company's board recognizes potential risks associated with reaching a holding ratio of 15%. Such levels could impact the company’s operational strategies and stock liquidity, necessitating careful consideration.
Given these circumstances, Kasai Kogyo emphasized its dedication to addressing the situation appropriately while safeguarding shareholder interests and maintaining strategic flexibility.
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