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 | ||
2,866 JPY | +0.14% | +0.39% | +18.97% |
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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2,866 JPY | +0.14% | +0.39% | 28.63M | ||
318.7 JPY | +1.63% | -0.16% | 3.27B | ||
1st Jan change | Capi. | |
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+18.97% | 28.63M | |
+1.19% | 3.7B | |
+14.88% | 1.91B | |
+30.47% | 1.15B | |
-3.44% | 913M | |
+37.62% | 681M | |
+48.53% | 677M | |
+14.74% | 638M | |
+36.23% | 586M | |
+25.94% | 541M |
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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.