Tag: CFIN

British Investment Fund Proposes New Shareholder for Keisei Electric Railway and Oriental Land Co

TOKYO (Reuters) – British investment fund Palliser Capital on the 30th proposed a new shareholder for Keisei Electric Railway (9009.T) New Tab, opening a new tab and Oriental Land Co (OLC) (4661.T), which I own New Tab, opens a new tab The company announced that it has requested that a plan for the sale of […]

SoftBank Announces 10-for-1 Stock Split and Shareholder Benefits Program

April 25th SoftBank announced on the 25th that it will implement a 10-for-1 stock split on October 1st, with September 30th as the record date. The photo shows the Softbank logo, taken in Tokyo in July 2017 (2024 Reuters / Issei Kato) TOKYO (Reuters) – SoftBank (9434.T) New Tab, opening a new tab announced on […]

ispace Looks to Raise Funds Through Overseas Public Offering

TOKYO (Reuters) – Space venture company ispace ( 9348.T ), opening a new tab decided on the 13th to raise capital through a public offering in overseas markets. According to an extraordinary report submitted to the Kanto Local Finance Bureau, the total issued was 14.879 billion yen, and the estimated take-home payment was 14.569 billion […]

Nippon Steel Revises Upward Profit Forecast for Fiscal Year 2024

On February 7, Nippon Steel revised upward its consolidated business profit forecast for the fiscal year ending March 2024 (IFRS) from 740 billion yen to 800 billion yen (down 12.7% from the previous year). The picture is the company logo. Photo taken in Tokyo in March 2019 (2024 Reuters/Yuka Obayashi) TOKYO (Reuters) – Nippon Steel […]

Rakuten Group Plans to Issue $1.75 Billion in Foreign Bonds With Increased Amount and Maturity

It has been revealed that the proposed amount of dollar-denominated bonds with a maturity of three years that Rakuten Group plans to issue in overseas markets has increased from $1 billion to $1.75 billion (about 250 billion yen). The picture is the company logo. The photo was taken in Tokyo on November 28, 2023. (2024 […]

Sekisui House Announces $4.9 Billion Acquisition of MDC Holdings in the U.S.

TOKYO (Reuters) – Sekisui House (1928.T), opens a new tab announced on the 18th that MD announced that it will acquire C. Holdings (MDC.N), opens a new tab (Colorado) for approximately $4.9 billion ( about 720 billion yen). The acquisition price per share was $63, 19% higher than MDC’s closing price on the 17th. All […]

SoftBank Group Surges in Stock Market After T-Mobile US Share Announcement

SoftBank Group is rapidly increasing in the stock market on December 27th. Photo taken in May 2013 at the Tokyo Stock Exchange (2023 Reuters/Toru Hanai) TOKYO (Reuters) – SoftBank Group ( 9984.T ) is on the rise. The stock price rose 7% at one point. On the 26th, the company announced that it had notified […]

Yamauchi Family Office Cancels Takeover Bid for Toyo Construction

TOKYO (Reuters) – Yamauchi Family Office (YFO), the asset management company of the family that founded Nintendo, announced on the 20th that it will cancel the start of a takeover bid (TOB) for Toyo Construction ( 1890.T ). . The aim was to start buying by the end of December, but the Toyo Construction Board […]

Ajinomoto Announces Sale of 12,441,000 Shares and Share Buyback Initiative

Ajinomoto Announces Sale of 12.441 Million Shares The multinational food and chemical corporation, Ajinomoto Co (2802.T), has made a significant announcement regarding the sale of 12.441 million shares. This decision comes as part of ongoing efforts to review cross-shareholdings, with several shareholders expressing their intention to sell. The sale is expected to be conducted by […]

Nidek Launches Takeover Bid for TAKISAWA as Favorable Opinion is Expressed

Nidek Initiates Tender Offer for TAKISAWA in Effort to Expand Machine Tool Business Tokyo, September 13 – Nidek (6594.T) announced today that it will commence a takeover bid (TOB) for TAKISAWA (6121.T) starting on September 14. The decision came after TAKISAWA, which had previously rebuffed Nidek’s offer to become a subsidiary, expressed its favorable opinion […]