Source disclosure: February 10, 2026
Newtech Co., Ltd. [6734.T]
TOKYO, Feb 10 (Kyodo) - Newtech Co., Ltd., represented by President Hirokuni Hayakawa and listed on the Tokyo Stock Exchange Standard Market under code number 6734, announced today that the tender offer initiated by Sacha Corporation on December 19, 2025, has concluded as of February 9, 2026. The company also disclosed potential changes to its controlling shareholder and major shareholders following the results of the tender offer.
According to the report received from Sacha Corporation, the total number of shares tendered exceeded the minimum purchase target of 1,033,300 shares, ensuring the success of the tender offer. As a result, Sacha Corporation will acquire all the submitted shares totaling 1,815,103 shares. This acquisition is expected to take place starting February 17, 2026, marking the beginning of the settlement process.
The completion of this transaction will significantly alter the ownership structure of Newtech. On February 17, 2026, Sacha Corporation's shareholding ratio is anticipated to exceed 50%, thereby making it the new controlling shareholder and primary stakeholder of Newtech. Conversely, Keiko Kasahara, who currently holds the largest individual stake in Newtech, will no longer be considered the leading shareholder after tendering her entire holdings.
Sacha Corporation, established in February 2004, operates primarily in the provision of IT equipment, communication networks, AI, IoT, and cloud services. With a capital of 10.836 billion yen as of September 30, 2025, Sacha Corporation's significant shareholders include Okaya Electric Industry Co., Ltd. holding 14.02% and The Hong Kong and Shanghai Banking Corporation Limited-Singapore Branch Private Banking Division Clients A/C 8221-623793 holding 12.29%.
Following the successful tender offer, Sacha Corporation plans to consolidate Newtech’s remaining shareholders solely under its control, aligning with their previously stated intention outlined in their announcement dated December 18, 2025. Consequently, Newtech's stock is expected to meet the delisting criteria set forth by the Tokyo Stock Exchange upon completion of these procedures. Post-delisting, trading of Newtech shares on the Tokyo Stock Exchange Standard market will cease.
Further details regarding the exact procedural steps and timelines will be communicated promptly once finalized through collaboration between Newtech and Sacha Corporation.
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