TOKYU CONSTRUCTION CO., LTD. [2172.S]
TOKYO, Jun 09 (Pulse News Wire) – TOKYU CONSTRUCTION CO., LTD. (2172.T) announced significant changes among its major shareholders and leading shareholder due to planned share transfers by Chairman Kazuhito Asai.
Asai intends to sell part of his holdings, totaling 400,000 shares, to Partners Corporation in three separate transactions scheduled for June 10, June 11, and June 12, 2026. Following these transfers, Asai’s stake will decrease from 603,000 shares to 203,000 shares, reducing his voting rights from 37.57% to 12.65%. Meanwhile, Partners Corporation, which currently holds 71,100 shares, will increase its holding to 471,100 shares, making it the largest shareholder with 29.35% percent of total voting rights.
Partners Corporation also plans to acquire up to 400,000 shares of TOKYU CONSTRUCTION stock through three purchases on June 10, June 11, and June 12, 2026. The company expects this move to align with regulations concerning open offers and acquisitions under the Financial Instruments and Exchange Act. The company stated that these changes would not impact its operational structure or performance.
As of December 31, 2025, the total number of outstanding shares was 1,605,000, with no shares lacking voting rights.
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