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.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
2,813 JPY | +0.57% | -0.71% | +16.77% |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,813 JPY | +0.57% | -0.71% | 28.42M | ||
329.7 JPY | -0.99% | -2.25% | 3.53B | ||
1st Jan change | Capi. | |
---|---|---|
+16.77% | 28.42M | |
+11.07% | 4.12B | |
+5.85% | 1.79B | |
+10.49% | 1.06B | |
+11.60% | 1.02B | |
+63.30% | 796M | |
+72.99% | 768M | |
-4.49% | 700M | |
+32.22% | 604M | |
+15.39% | 515M |
- Stock Market
- Equities
- 4119 Stock
- News Nippon Pigment Company Limited
- Nippon Pigment Company Limited agreed to acquire 97.28% stake in Sumika Color CO., Ltd. from Sumitomo Chemical Company, Limited for ¥1 billion.