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 | ||
2,833 JPY | -0.42% | +7.84% | +17.60% |
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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2,833 JPY | -0.42% | +7.84% | 28.25M | ||
354.3 JPY | +0.60% | +3.11% | 3.68B | ||
1st Jan change | Capi. | |
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+17.60% | 28.25M | |
+9.29% | 4B | |
+5.18% | 1.75B | |
+3.44% | 979M | |
+9.13% | 966M | |
-2.47% | 692M | |
+66.88% | 752M | |
+31.71% | 600M | |
-1.29% | 553M | |
+15.68% | 499M |
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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.