Nippon Pigment Company Limited (TSE:4119) agreed to acquire 97.28% stake in Sumika Color CO., Ltd. from Sumitomo Chemical Company, Limited (TSE:4005) for ¥1 billion on March 1, 2024. Sumika Color reported net worth of ¥1.67 billion, total assets of ¥11.524 billion, sales of ¥13.133 billion, operating income of -¥669 million and net income of -¥749 million for fiscal year ending March 2023. The transaction is expected to close on April 30, 2024.
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Other stock markets
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5-day change | 1st Jan Change | ||
2,825 JPY | +0.04% | -0.81% | +17.27% |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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2,825 JPY | +0.04% | -0.81% | 28.2M | ||
322.3 JPY | +1.19% | +0.59% | 3.35B | ||
1st Jan change | Capi. | |
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+17.27% | 28.2M | |
+5.24% | 3.85B | |
+17.34% | 1.96B | |
+28.00% | 1.13B | |
+4.92% | 993M | |
+34.41% | 666M | |
+18.99% | 663M | |
+43.00% | 651M | |
-10.13% | 638M | |
+40.50% | 609M |
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- Nippon Pigment Company Limited agreed to acquire 97.28% stake in Sumika Color CO., Ltd. from Sumitomo Chemical Company, Limited for ¥1 billion.