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 | ||
2,850 JPY | -1.72% | +0.81% | +18.31% |
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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2,850 JPY | -1.72% | +0.81% | 29.14M | ||
318.9 JPY | -0.72% | +0.31% | 3.36B | ||
1st Jan change | Capi. | |
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+18.31% | 29.14M | |
+2.38% | 3.78B | |
+15.61% | 1.95B | |
+27.23% | 1.01B | |
-1.15% | 966M | |
-16.00% | 635M | |
+9.99% | 633M | |
+30.23% | 623M | |
+43.23% | 614M | |
+32.11% | 567M |
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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.