Source disclosure: January 28, 2026
Sompo Holdings,Inc. [8630.T]
TOKYO — SOMPO Holdings, Inc., represented by Group CEO and Director Chairman Representative Executive Officer Eikichi Okamura (stock code: 8630, Prime Market of Tokyo Stock Exchange), and its subsidiary SOMPO Light Vortex Co., Ltd., led by President and CEO/CBD Officer Jun Miyake, have issued an announcement regarding changes and corrections to their tender offer for Agricultural Research Institute Co., Ltd. shares and warrants (stock code: 3541).
The initial public notice concerning SOMPO Light Vortex's tender offer for Agricultural Research Institute securities was published on December 25, 2025. On January 28, 2026, SOMPO Light Vortex announced revisions and corrections to certain sections of this original disclosure and the subsequent tender offer commencement announcement released on December 26, 2025.
SOMPO Light Vortex had decided to acquire ordinary shares and new share subscription rights from Agricultural Research Institute through a public tender offer under the Financial Instruments and Exchange Act. The company began implementing the tender offer on December 26, 2025. However, due to receiving documentation confirming that SOMPO Holdings, the parent company of SOMPO Light Vortex, obtained necessary approval from the Financial Services Agency on January 23, 2026, pursuant to Article 271, Paragraph 22 of the Insurance Business Law, SOMPO Light Vortex deemed it necessary to amend parts of its previously submitted tender offer application documents and announcements.
Specifically, SOMPO Light Vortex has revised the conditions under which the tender offer might be withdrawn. Originally, the document stated that withdrawal could occur if the required insurance industry approval was not received by the end date of the tender period, or if such approval contained unacceptable terms set forth by SOMPO Holdings, or if the approval was revoked prior to the end date. This language has been simplified to indicate that withdrawal will only happen if the approval is revoked before the tender period ends. These adjustments reflect a clearer condition for potential withdrawal based solely on the revocation status of the regulatory approval rather than multiple scenarios involving acceptance and conditional agreement.
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