Story perspectives
Sumitomo Offers ¥882 Billion for SCSK Acquisition
10/31/2025
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Story summary
- Sumitomo plans to acquire SCSK for ¥882 billion ($5.77 billion) and to offer ¥5,700 per share, a 30% premium.
- Takeover bid runs from November 30 to December 12.
- Sumitomo holds 50.6% of SCSK.
- Sumitomo President Shingo Ueno notes the impact of generative AI on business.
- SCSK President Takaaki Toma says SCSK must engage in projects from early stages to adapt to rapid changes.
