DAIHEN Corporation (TSE:6622) agreed to acquire 70% stake in Tohoku Electric Manufacturing Co.,Ltd. from Tohoku Electric Power Company, Incorporated (TSE:9506) and Hitachi, Ltd. (TSE:6501) on May 10, 2023. Financials for the year ended March 2023 Total revenues ¥8.3 billion, Total Assets ¥11.5 billion, Net worth of ¥9.5 billion, operating income of ¥142 million and net income ¥126 million. The transaction is expected to close on October 2, 2023.
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
8,720 JPY | -0.57% | +4.56% | +35.19% |
Stocks mentioned in the article
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5d. change
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Capi.
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16,970 JPY | -0.53% | +6.36% | 100B | ||
8,720 JPY | -0.57% | +4.56% | 1.36B | ||
1,522 JPY | -0.26% | +1.94% | 4.85B | ||
EPS Revisions
1st Jan change | Capi. | |
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+35.19% | 1.36B | |
+34.26% | 103B | |
+76.56% | 29.39B | |
+76.76% | 20.52B | |
+47.96% | 12.09B | |
+20.50% | 8.89B | |
+30.72% | 7.66B | |
-7.36% | 7.31B | |
+142.20% | 6.38B | |
+44.02% | 5.02B |
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- DAIHEN Corporation agreed to acquire 70% stake in Tohoku Electric Manufacturing Co.,Ltd. from Tohoku Electric Power Company, Incorporated and Hitachi, Ltd..