Business
Yotai Refractories : FY2025 Financial Results Briefing Materials
Yotai Refractories : FY2025 Financial Results Briefing
About this update from Yotai Refractories Co., Ltd.
[{"type":"text","content":"\n \n YOTAI REFRACTORIES CO., LTD.\n \n \n \n FY2025\n \n \n Financial Results Briefing Materials\n \n \n \n May 30, 2025\n \n \n \n Copyright ©YOTAI REFRACTORIES CO., LTD. All Rights Reserved.\n \n \n TSE Prime Market: 5357\n \n \n Takeover Bid by ASNF HOLDINGS and Changes in Major Shareholders\n \n \n Expressing approval for ASNF HOLDINGS' takeover bid for YOTAI REFRACTORIES' shares\n \n \n \n Overview of the tenderer\n \n \n Name ASNF HOLDINGS GK\n Location 2-3, Marunouchi 3-chome, Chiyoda-ku, Tokyo\n Representative's name and position\n \n \n Iwao Aso, President of ASO CORPORATION\n \n \n Business lines 1. Acquisition and holding of shares or equity in other companies\n 2. All businesses incidental or related to the above item\n \n \n Capital 300,000 yen\n Date of establishment September 28, 2023\n Major shareholder and the percentage of shares held\n \n \n Results of the takeover bid\n \n \n ASO CORPORATION 100%\n \n \n Period of the takeover bid April 14, 2025 to May 14, 2025\n Acquisition price 1,810 yen per common share\n Number of shares to be acquired (ownership ratio)\n \n \n 6,531,400 (35.44%)\n \n Before transfer\n \n \n After transfer\n \n \n Number of shares owned (ownership ratio)\n \n \n Rank among major shareholders\n \n \n Number of shares owned (ownership ratio)\n \n \n Rank among major shareholders\n \n \n ASNF HOLDINGS GK\n \n \n -\n \n \n -\n \n \n 6,531,400 (35.44%)\n \n \n First\n \n \n Sumitomo Osaka Cement Co., Ltd.\n \n \n 3,230,709 (17.53%)\n \n \n First\n \n \n 2,954,409 (16.03%)\n \n \n Second\n \n ASNF HOLDINGS and the Future of YOTAI REFRACTORIES\n \n \n Aiming to enhance corporate value from a medium- to long-term perspective by welcoming ASNF HOLDINGS as a stable shareholder and partner\n \n Strengths Building a network of\n operations in Japan and abroad by developing diverse businesses, including the cement business\n Vision Creating new business\n opportunities and expanding business domains by meeting the needs of the times\n ASO GROUP\n Strengths\n Being a leading company in refractories and holding a high market share in the cement industry\n Vision\n Promoting overseas business development to become a company that makes its presence felt in the Japanese and Asian refractories markets\n YOTAI\n \n Providing technical knowledge of cement and supplying refractories stably\n \n \n \n Synergi...