Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥102 (vs JP¥5.24 in FY 2025) Full year 2026 results: EPS: JP¥102 (up from JP¥5.24 in FY 2025). Revenue: JP¥41.1b (up 37% from FY 2025). Net income: JP¥702.0m (up JP¥666.0m from FY 2025). Profit margin: 1.7% (up from 0.1% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • May 15
Cominix Co.,Ltd., Annual General Meeting, Jun 19, 2026 Cominix Co.,Ltd., Annual General Meeting, Jun 19, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥42.37 (vs JP¥6.99 in 3Q 2025) Third quarter 2026 results: EPS: JP¥42.37 (up from JP¥6.99 in 3Q 2025). Revenue: JP¥10.7b (up 52% from 3Q 2025). Net income: JP¥291.0m (up JP¥243.0m from 3Q 2025). Profit margin: 2.7% (up from 0.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Aankondiging • Jan 07
Cominix Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Cominix Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥4.95 (vs JP¥20.38 in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.95 (down from JP¥20.38 in 2Q 2025). Revenue: JP¥9.53b (up 34% from 2Q 2025). Net income: JP¥34.0m (down 76% from 2Q 2025). Profit margin: 0.4% (down from 2.0% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Aankondiging • Sep 03
Cominix Co.,Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Cominix Co.,Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥4.37 (vs JP¥3.64 in 1Q 2025) First quarter 2026 results: EPS: JP¥4.37 (up from JP¥3.64 in 1Q 2025). Revenue: JP¥9.23b (up 33% from 1Q 2025). Net income: JP¥30.0m (up 20% from 1Q 2025). Profit margin: 0.3% (down from 0.4% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Jun 27
Cominix Co.,Ltd. to Report Q1, 2026 Results on Aug 14, 2025 Cominix Co.,Ltd. announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 24
Full year 2025 earnings released: EPS: JP¥5.24 (vs JP¥78.47 in FY 2024) Full year 2025 results: EPS: JP¥5.24 (down from JP¥78.47 in FY 2024). Revenue: JP¥30.1b (up 5.2% from FY 2024). Net income: JP¥36.0m (down 93% from FY 2024). Profit margin: 0.1% (down from 1.9% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥5.24 (vs JP¥78.47 in FY 2024) Full year 2025 results: EPS: JP¥5.24 (down from JP¥78.47 in FY 2024). Revenue: JP¥30.1b (up 5.2% from FY 2024). Net income: JP¥36.0m (down 93% from FY 2024). Profit margin: 0.1% (down from 1.9% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • May 15
Cominix Co.,Ltd., Annual General Meeting, Jun 20, 2025 Cominix Co.,Ltd., Annual General Meeting, Jun 20, 2025. Aankondiging • May 10
Cominix Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Cominix Co.,Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥6.99 (vs JP¥27.37 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.99 (down from JP¥27.37 in 3Q 2024). Revenue: JP¥7.06b (down 6.9% from 3Q 2024). Net income: JP¥48.0m (down 75% from 3Q 2024). Profit margin: 0.7% (down from 2.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Nov 21
Cominix Co.,Ltd. (TSE:3173) agreed to acquire KamogawaHD Co., Ltd. from Atsushi Mikami and Susumu Mikami for ¥4.3 billion Cominix Co.,Ltd. (TSE:3173) agreed to acquire KamogawaHD Co., Ltd. from Atsushi Mikami and Susumu Mikami for ¥4.3 billion on November 21, 2024. A cash consideration of ¥4.3 billion will be paid by Cominix Co.,Ltd. As part of consideration, ¥4.3 billion is paid towards common equity of KamogawaHD Co., Ltd.
The expected completion of the transaction is December 24, 2024. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥20.38 (vs JP¥16.60 in 2Q 2024) Second quarter 2025 results: EPS: JP¥20.38 (up from JP¥16.60 in 2Q 2024). Revenue: JP¥7.10b (up 2.4% from 2Q 2024). Net income: JP¥140.0m (up 23% from 2Q 2024). Profit margin: 2.0% (up from 1.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.11b market cap, or US$43.5m). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥3.64 (vs JP¥10.05 in 1Q 2024) First quarter 2025 results: EPS: JP¥3.64 (down from JP¥10.05 in 1Q 2024). Revenue: JP¥6.94b (down 1.0% from 1Q 2024). Net income: JP¥25.0m (down 64% from 1Q 2024). Profit margin: 0.4% (down from 1.0% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Jul 23
Cominix Co.,Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Cominix Co.,Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥78.47 (vs JP¥108 in FY 2023) Full year 2024 results: EPS: JP¥78.47 (down from JP¥108 in FY 2023). Revenue: JP¥28.6b (flat on FY 2023). Net income: JP¥539.0m (down 27% from FY 2023). Profit margin: 1.9% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥78.47 (vs JP¥108 in FY 2023) Full year 2024 results: EPS: JP¥78.47 (down from JP¥108 in FY 2023). Revenue: JP¥28.6b (flat on FY 2023). Net income: JP¥539.0m (down 27% from FY 2023). Profit margin: 1.9% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • May 11
Cominix Co.,Ltd., Annual General Meeting, Jun 21, 2024 Cominix Co.,Ltd., Annual General Meeting, Jun 21, 2024. Aankondiging • Mar 28
Cominix Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Cominix Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: JP¥27.37 (vs JP¥25.62 in 3Q 2023) Third quarter 2024 results: EPS: JP¥27.37 (up from JP¥25.62 in 3Q 2023). Revenue: JP¥7.58b (up 2.5% from 3Q 2023). Net income: JP¥188.0m (up 6.8% from 3Q 2023). Profit margin: 2.5% (up from 2.4% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 28
Cominix Co.,Ltd. to Report Q3, 2024 Results on Feb 01, 2024 Cominix Co.,Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024 New Risk • Nov 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 3.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥5.23b market cap, or US$34.6m). Aankondiging • Sep 28
Cominix Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Cominix Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: JP¥10.05 (vs JP¥17.91 in 1Q 2023) First quarter 2024 results: EPS: JP¥10.05 (down from JP¥17.91 in 1Q 2023). Revenue: JP¥7.01b (up 2.2% from 1Q 2023). Net income: JP¥69.0m (down 44% from 1Q 2023). Profit margin: 1.0% (down from 1.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 29
Cominix Co.,Ltd. to Report Q1, 2024 Results on Aug 01, 2023 Cominix Co.,Ltd. announced that they will report Q1, 2024 results on Aug 01, 2023 Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥108 (vs JP¥129 in FY 2022) Full year 2023 results: EPS: JP¥108 (down from JP¥129 in FY 2022). Revenue: JP¥28.9b (up 7.1% from FY 2022). Net income: JP¥742.0m (down 16% from FY 2022). Profit margin: 2.6% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • May 10
Cominix Co.,Ltd., Annual General Meeting, Jun 23, 2023 Cominix Co.,Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.8%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: JP¥25.62 (vs JP¥77.60 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.62 (down from JP¥77.60 in 3Q 2022). Revenue: JP¥7.40b (up 11% from 3Q 2022). Net income: JP¥176.0m (down 67% from 3Q 2022). Profit margin: 2.4% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Dec 28
Cominix Co.,Ltd. to Report Q3, 2023 Results on Feb 01, 2023 Cominix Co.,Ltd. announced that they will report Q3, 2023 results on Feb 01, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent External Director Yoshihiro Terada was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 04
Second quarter 2023 earnings released: EPS: JP¥43.68 (vs JP¥20.38 in 2Q 2022) Second quarter 2023 results: EPS: JP¥43.68 (up from JP¥20.38 in 2Q 2022). Revenue: JP¥7.31b (up 7.3% from 2Q 2022). Net income: JP¥300.0m (up 114% from 2Q 2022). Profit margin: 4.1% (up from 2.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.6%). Aankondiging • Sep 09
Cominix Co.,Ltd. to Report Q2, 2023 Results on Nov 02, 2022 Cominix Co.,Ltd. announced that they will report Q2, 2023 results on Nov 02, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥17.91 (vs JP¥25.48 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.91 (down from JP¥25.48 in 1Q 2022). Revenue: JP¥6.86b (up 7.4% from 1Q 2022). Net income: JP¥123.0m (down 30% from 1Q 2022). Profit margin: 1.8% (down from 2.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Jun 16
Cominix Co.,Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Cominix Co.,Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Aankondiging • May 12
Cominix Co.,Ltd., Annual General Meeting, Jun 24, 2022 Cominix Co.,Ltd., Annual General Meeting, Jun 24, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥129 (vs JP¥42.95 in FY 2021) Full year 2022 results: EPS: JP¥129 (up from JP¥42.95 in FY 2021). Revenue: JP¥26.9b (up 28% from FY 2021). Net income: JP¥888.0m (up 201% from FY 2021). Profit margin: 3.3% (up from 1.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (6 non-independent directors). External Director Yoshihiro Terada was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Apr 07
Cominix Co.,Ltd. to Report Fiscal Year 2022 Results on May 09, 2022 Cominix Co.,Ltd. announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.4%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥77.60 (up from JP¥21.55 in 3Q 2021). Revenue: JP¥6.69b (up 24% from 3Q 2021). Net income: JP¥533.0m (up 260% from 3Q 2021). Profit margin: 8.0% (up from 2.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥20.38 (vs JP¥11.94 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥6.82b (up 47% from 2Q 2021). Net income: JP¥140.0m (up JP¥222.0m from 2Q 2021). Profit margin: 2.1% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.4%). Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥25.48 (vs JP¥8.30 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.39b (up 31% from 1Q 2021). Net income: JP¥175.0m (up JP¥232.0m from 1Q 2021). Profit margin: 2.7% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥42.95 (vs JP¥51.83 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥21.0b (down 10.0% from FY 2020). Net income: JP¥295.0m (down 17% from FY 2020). Profit margin: 1.4% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥42.95 (vs JP¥51.83 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥21.0b (down 10.0% from FY 2020). Net income: JP¥295.0m (down 17% from FY 2020). Profit margin: 1.4% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.0%). Is New 90 Day High Low • Mar 01
New 90-day high: JP¥779 The company is up 4.0% from its price of JP¥748 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 17% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥21.55 (vs JP¥17.03 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥5.39b (down 5.8% from 3Q 2020). Net income: JP¥148.0m (up 27% from 3Q 2020). Profit margin: 2.7% (up from 2.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Aankondiging • Dec 30
Cominix Co.,Ltd. to Report Q3, 2021 Results on Feb 01, 2021 Cominix Co.,Ltd. announced that they will report Q3, 2021 results on Feb 01, 2021 Aankondiging • Dec 17
Cominix Co.,Ltd. (TSE:3173) acquired 82.8% stake in Kawanobe Tool M.F.G.Co., Ltd. from Toshihiko Kawanobe on December 15, 2020. Cominix Co.,Ltd. (TSE:3173) entered into a share transfer agreement to acquire 82.8% stake in Kawanobe Tool M.F.G.Co., Ltd. from Toshihiko Kawanobe on December 15, 2020. As per terms, Cominix Co.,Ltd. acquired 0.02 million shares of Kawanobe Tool M.F.G.Co., Ltd. For the year ending December 31, 2019, net asset, total asset, revenue, operating profit and net profit of Kawanobe Tool M.F.G.Co., Ltd. was ¥525 million, approximately ¥1.6 billion, ¥782 million, ¥27 million and ¥15 million respectively.
Cominix Co.,Ltd. (TSE:3173) completed the acquisition of 82.8% stake in Kawanobe Tool M.F.G.Co., Ltd. from Toshihiko Kawanobe on December 15, 2020. Aankondiging • Sep 22
Cominix Co.,Ltd. (TSE:3173) enter into Letter of intent to acquire Sawanaga Shokai Co., Ltd from Hiroshi Sawanaga, Keiko Sawanaga, Kaoru Sawanaga and Aya Sawanaga. Cominix Co.,Ltd. (TSE:3173) enter into Letter of intent to acquire Sawanaga Shokai Co., Ltd from Hiroshi Sawanaga, Keiko Sawanaga, Kaoru Sawanaga and Aya Sawanaga on September 14, 2020. Cominix Co.,Ltd. entered into an share transfer agreement to acquire Sawanaga Shokai Co., Ltd from Hiroshi Sawanaga, Keiko Sawanaga, Kaoru Sawanaga and Aya Sawanaga on September 18, 2020. Under the terms of transaction, Cominix will acquire 18,000 shares of Sawanaga Shokai and acquisition price, taking into account the results of financial, tax, legal, and labor due diligence conducted by external organizations. Hiroshi Sawanaga currently hold 81.6% stake in Sawanaga and others hold remaining 18.4% stake in Sawanaga Shokai. Post completion, Sawanaga Shokai will become subsidiary of Cominix Co.,Ltd. The board of Cominix pass the resolution on September 14, 2020 and contract was signed on September 18, 2020. The transaction is expected to execute on September 25, 2020. The impact of the acquisition of the Shares on the Cominix consolidated financial results for the fiscal year ending March 31, 2021 is minor. Aankondiging • Aug 24
Cominix Co.,Ltd. (TSE:3173) acquired 98.1% stake in Toshin Shokai Co., Ltd. from Yasunari Murota and other shareholders. Cominix Co.,Ltd. (TSE:3173) acquired 98.1% stake in Toshin Shokai Co., Ltd. from Yasunari Murota and other shareholders on August 21, 2020. Under this transaction, Cominix acquired 471,200 shares of Toshin Shokai for 98.1% stake. During this transaction, Yasunari Murota and five other shareholders hold 81.36% and 16.81 respectively in Toshin Shokai. In addition, Cominix plan to proceed with the procedure for making it a wholly owned subsidiary in order to maximize the synergistic effect of this transaction. The effect of the share acquisition on the Cominix's consolidated business results for the fiscal year ending March 2021 is immaterial.
Cominix Co.,Ltd. (TSE:3173) completed the acquisition of 98.1% stake in Toshin Shokai Co., Ltd. from Yasunari Murota and other shareholders on August 21, 2020.