Soken Chemical & Engineering Sets Plan to Counter Share Accumulation Threat

TOKYO, Jul 24 (Pulse News Wire) – Soken Chemical & Engineering CO.,LTD. (4972.T) introduced a plan aimed at protecting its enterprise value and shareholder interests against potential threats posed by significant share accumulation., the company's board resolved to establish basic principles governing who should control decisions on financial and operational policies.

This includes ensuring such individuals fully understand the sources of the company’s value and commit to sustaining and enhancing it continuously. Since May 2023, Soken has engaged regularly with Axium Capital Pte. Ltd., which now holds a substantial stake in the company. As of November 10, 2025, Axium reported owning a stake equivalent to 6.72%. By July 21, 2026, this had increased to 22.60%.

Despite ongoing discussions, Axium has yet to provide detailed information on its intentions or purposes behind the share purchases. Concerned about the lack of transparency and the potential impact on governance and operations, Soken decided to implement measures to ensure fair and informed decision-making processes. The plan requires extensive information disclosure from large shareholders prior to any major acquisitions, allowing sufficient time for thorough review by all stakeholders. Additionally, an independent committee was established to oversee the implementation of these measures and maintain objectivity. In parallel, Soken continues to focus on its long-term vision and strategic plans, aiming to expand into new markets and enhance profitability through technological innovation and sustainable growth initiatives.

The company remains committed to maintaining strong relationships with customers and suppliers while fostering a culture of continuous improvement and ethical conduct.