TOKYO, Mar 25 (Pulse News Wire) – Taiheiyo Cement Corporation (5233.T) decided to sell part of its ordinary shares in A&A Material Co., Ltd. The sale involves selling 2,150,000 ordinary shares, totaling approximately ¥2.935 billion (at ¥1,365 per share).
The estimated gain or loss from the sale is ¥200 million. The transaction is scheduled to take place on March 26, 2026 through the ToSTNeT-3 system, which was publicly disclosed by A&A Material Co., Ltd.. The primary reason for this sale is to optimize the utilization of held assets. However, due to market conditions, the number of sold shares could potentially fall below 2,150,000.
Following the completion of the sale, A&A Material Co., Ltd. will remain a related party under the equity method for Taiheiyo Cement Corporation. There will be no impact on future transactions, and Taiheiyo Cement Corporation intends to maintain a good relationship with A&A Material Co., Ltd. going forward.
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