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 | ||
2,874 JPY | -1.91% | -0.90% | +19.30% |
Stocks mentioned in the article
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Change
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5d. change
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Capi.
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2,874 JPY | -1.91% | -0.90% | 29.47M | ||
326.3 JPY | -2.74% | -5.26% | 3.52B | ||
1st Jan change | Capi. | |
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+19.30% | 29.47M | |
+11.79% | 4.1B | |
+13.44% | 1.91B | |
+25.52% | 1.12B | |
+8.69% | 1.03B | |
+59.16% | 790M | |
+35.71% | 757M | |
-3.22% | 688M | |
+52.32% | 642M | |
+30.81% | 555M |
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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.