SEKISUI HOUSE LTD S/ADR - SKHSY STOCK NEWS

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Sekisui House Ltd. is a top-tier house manufacturer based in Japan with a global presence. They specialize in custom detached houses, rental housing, real estate management, and overseas business. Having delivered over 2.66 million homes worldwide, they focus on creating environmentally friendly and high-quality homes. Recently, Sekisui House acquired M.D.C. Holdings, Inc., one of the leading U.S. homebuilders, to expand its reach and bring Japanese technology and innovation to the American housing market.

04/19/2024 08:54 AM

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Sekisui House Completes Acquisition of M.D.C. Holdings, Expanding U.S. Business by Strengthening the Delivery of High-Quality Detached Homes Across 16 States

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Sekisui House, has completed the acquisition of M.D.C. Holdings, Inc., expanding its U.S. business and strengthening the delivery of high-quality detached homes across 16 states. The acquisition will add MDC to Sekisui House's portfolio, enabling an annual supply of approximately 15,000 units in the U.S. By leveraging MDC's business processes and technologies, Sekisui House aims to supply 10,000 detached homes in overseas markets by fiscal year 2025. The collaboration between the two entities is expected to enhance the quality of housing offerings and drive continued growth and success.

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01/18/2024 06:00 AM

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Sekisui House and M.D.C. Holdings Announce Combination to Create a Top Five Homebuilder in the U.S.

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Sekisui House, Ltd. will acquire M.D.C. Holdings, Inc. in an all-cash transaction valued at $4.9 billion, providing MDC shareholders with $63.00 per share, representing a 19% premium to the closing stock price and a 41% premium to the 90-day VWAP. The acquisition aims to advance Sekisui House's Global Vision to 'make home the happiest place in the world' and accelerate its target of supplying 10,000 homes outside of Japan by FY2025. The transaction is expected to create the fifth largest homebuilder in the U.S., strengthen trade relationships, contribute to shareholder value creation, and provide new opportunities for MDC's employees and stakeholders.

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11/01/2023 12:00 PM

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SH RESIDENTIAL HOLDINGS ANNOUNCES APPOINTMENT OF TORU TSUJI TO CHIEF EXECUTIVE OFFICER

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SH Residential Holdings announces Toru Tsuji as the new CEO of Sekisui House U.S. portfolio, succeeding Rick Robideau who will become the CFO. Tsuji brings extensive experience with the company and will oversee the integration of Sekisui House Technology and innovation to the existing brands. SH Residential Holdings has experienced significant growth with recent acquisitions.

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11/30/2022 06:56 AM

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The University of Tokyo and Sekisui House Launch Joint Research on Biodiversity and Health

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Sekisui House and the University of Tokyo will launch a groundbreaking research project on December 1, 2022, studying the relationship between biodiversity and human health. This first-of-its-kind initiative will examine how diverse garden greenery impacts residents' health and their attitudes towards nature. The project builds on prior research showing that interactions with nature enhance mental health, focusing on both quality and quantity of greenery. Key hypotheses will explore effects on mental health, cognitive functions, and community wellbeing.

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11/30/2021 09:00 AM

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Sekisui House, Ltd.: Working With Customers for 20 Years to Conserve Urban Biodiversity With the Gohon no ki Indigenous Landscaping Concept

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Sekisui House, Ltd. has published a nature-positive methodology for evaluating urban biodiversity, developed in partnership with the University of the Ryukyus. This initiative, stemming from the Gohon no ki Project established in 2001, aims to enhance biodiversity in urban areas through eco-friendly landscaping. Over 20 years, more than 17 million trees were planted, and the methodology showcases that native tree planting has increased native tree species tenfold and attracted double the bird species. This approach allows financial evaluation of biodiversity efforts.

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FAQ

What is the current stock price of SEKISUI HOUSE S/ADR (SKHSY)?

The current stock price of SEKISUI HOUSE S/ADR (SKHSY) is $26 as of October 15, 2024.

What is the market cap of SEKISUI HOUSE S/ADR (SKHSY)?

The market cap of SEKISUI HOUSE S/ADR (SKHSY) is approximately 16.9B.

What does Sekisui House Ltd. specialize in?

Sekisui House Ltd. specializes in custom detached houses, rental housing, real estate management, and overseas business.

How many homes has Sekisui House delivered worldwide?

Sekisui House has delivered over 2.66 million homes worldwide since its establishment.

What was the recent significant achievement of Sekisui House?

Sekisui House recently acquired M.D.C. Holdings, Inc., a major U.S. homebuilder, to expand its presence and bring Japanese technology to the American housing market.

What is Sekisui House's global vision?

Sekisui House's global vision is to 'make home the happiest place in the world' by providing environmentally sound and high-quality homes.

What is the strategic significance of acquiring M.D.C. Holdings, Inc.?

The acquisition of M.D.C. Holdings, Inc. allows Sekisui House to accelerate its goal of supplying 10,000 detached homes in overseas markets by fiscal year 2025.

How does Sekisui House plan to leverage M.D.C.'s platform?

Sekisui House aims to leverage M.D.C.'s solid platform of business processes and systems to continue supplying high-quality homes in the U.S.

Who are the key executives at Sekisui House?

Key executives at Sekisui House include Yoshihiro Nakai, the Representative Director of the Board President, Executive Officer, and CEO, and Toru Tsuji, the CEO of SH Residential Holdings, LLC.

What are the future goals of Sekisui House after acquiring M.D.C.?

Following the acquisition of M.D.C., Sekisui House aims to combine Japanese and U.S. technologies to provide quality housing in the U.S. and achieve continued growth.

Where can investors find more information about Sekisui House Ltd.?

For investor inquiries, individuals can contact Hiroyuki Kawabata, the Operating Officer and Head of the Investor Relations Department at Sekisui House.

What services do M.D.C. Holdings, Inc.'s subsidiaries provide?

M.D.C. Holdings, Inc.'s subsidiaries, operating under the name Richmond American Homes, offer mortgage lending, insurance, and title services in addition to building homes.