MISAWA

History

Misawa Homes Co., Ltd.

The history of Misawa Homes Co., Ltd. is chronicled below:

October 1967 The former Misawa Homes Co., Ltd. established.
November 1971 The former Misawa Homes Co., Ltd. listed on the second section of the Tokyo Stock Exchange.
November 1972 The former Misawa Homes Co., Ltd. listed on the second section of the Osaka Stock Exchange
October 1981 The former Misawa Homes Co., Ltd. changes its listing to the first sections of the Tokyo and Osaka Stock Exchanges.
March 2002 The former Misawa Homes Co., Ltd. becomes the wholly owning parent company of Misawa Ceramics Co., Ltd. and Hory Co., Ltd. through a stock exchange.
Stock-for-stock exchange ratios:
0.7 share of Misawa Homes stock allotted to each share of Misawa Ceramics stock
0.3 share of Misawa Homes stock allotted to each share of Hory stock
March 2002 The former Misawa Homes Co., Ltd. absorbs Misawa Van Corporation.
Merger ratio:
0.9 share of Misawa Homes stock allotted to each share of Misawa Van stock
August 2002 The former Misawa Homes Co., Ltd. listed on the first section of the Nagoya Stock Exchange.
August 2003 The current Misawa Homes Co., Ltd. established as a result of a stock transfer and listed on the first sections of the Tokyo, Osaka, and Nagoya Stock Exchanges.
Stock transfer ratios:
One share of the Company's stock for each share of the former Misawa Homes Co., Ltd.
0.2 share of the Company's stock for each share of Misawa Toyo Co., Ltd.
1.3 shares of the Company's stock for each share of Tokyo Misawa Homes Co., Ltd.
1.5 shares of the Company's stock for each share of Misawa Homes Tokai Co., Ltd.
October 2007 Misawa Homes Holdings Co., Ltd. absorbs Misawa Homes Co., Ltd. and changes its name to Misawa Homes Co., Ltd.
October 2015 Absorbs Misawa Homes Tokyo Co., Ltd., Misawa Homes West Kanto Co., Ltd., Misawa Homes East Kanto Co., Ltd., and Misawa Homes Tama Co., Ltd.
April 2016 Absorbs Misawa Homes Tokai Co., Ltd.
November 2016 Enters into a capital and business alliance with Toyota Housing Corporation.
January 2017 Becomes a consolidated subsidiary of Toyota Housing Corporation as a result of a takeover bid and a third-party allotment of the Company's stock.
January 2020 Becomes a wholly owned subsidiary of Prime Life Technologies Corporation as a result of an exchange of the Company's stock and Toyota Motor Corporation stock with Toyota Housing Corporation.