4348 Infocom
- 6030
- +290+5.05%
Infocom News
Blackstone to Buy E-Comic Provider in Its Biggest Private-Equity Deal in Japan
By Kosaku Narioka Blackstone plans to buy Japanese e-comic and information-technology services company Infocom, in its largest private-equity deal ever in the country. The U.S. investment company sa
Infocom: Teijin to Sell 58% Stake Back to Company After Tender Offer
Infocom: Teijin to Sell 58% Stake Back to Company After Tender Offer
Infocom: Tender Offer Period Runs From June 19 to July 31
Infocom: Tender Offer Period Runs From June 19 to July 31
Infocom: Tender Offer Price Is Y6,060 Apiece
Infocom: Tender Offer Price Is Y6,060 Apiece
Infocom: Blackstone to Start Tender Offer for Company Shares
Infocom: Blackstone to Start Tender Offer for Company Shares
Infocom: Announcement of revised financial estimates for surplus dividends and abolished shareholder benefits for the March 2025 period (no dividends).
Active and newly listed stocks during the morning session.
*Fujita Kanko<9722>, up 1000 points, due to restructuring concerns and upward revisions in Four Seasons' performance. *Akebono Brake Industry<7238>, up 20 points, expected to continue buying due to refinancing loan agreement. *Chijyu<3252>, up 257 points, newly rated as "1" by Daiwa Securities. *Nihon Denpa Kogyo<6779>, up 90 points, likely to benefit from the rise of electronic component stocks. *DOWA<5714>, up 416 points, towards group restructuring.
The afternoon session of the Nikkei average started 322 yen higher, with companies such as Japan Post and Nintendo Co Ltd performing well.
[Nikkei Average Stock Price / TOPIX (Table)] Nikkei Average; 38424.94; +322.50 TOPIX; 2715.12; +15.11 In the afternoon, the Nikkei average started with a slight decrease in the increase range from the previous day's close (38504.11 yen) to 38424.94 yen, up 322.50 yen from the previous day. During lunchtime, Nikkei 225 futures were weakly included in the range of 38370 yen to 38470 yen. The dollar-yen rate remained at around 1 dollar = 157.60-70 yen, the same level as around 9 am.
Blackstone to Buy Japan E-Comic Company Infocom for $1.7 Billion
Japan E-comics Platform Infocom Says yet to Decide on Blackstone Takeover Offer
Ranking of volume change rate (9:00 am) - Needs Well, Fujita Kan, and others are ranked.
*In the volume change rate ranking, comparing the volume of the previous 5 days and the volume of the delivery day enables market participants to understand the trend of stock selection and other market participants' interests. *Top volume change rate [as of 9:32 am on June 18] (comparison of the previous 5 days' average volume) Stock code Name Volume 5-day average volume Volume change rate Stock price change rate＜4588＞ Oncotherapy 875,100 107,185.08 166.19% -0.12
Infocom: To Make Further Announcement Once Ready
Infocom: To Make Further Announcement Once Ready
Infocom: Board Voted on Blackstone's Tender Offer for Company's Shares
Infocom: Board Voted on Blackstone's Tender Offer for Company's Shares
Wacoal Holdings, Proto Corporation, etc.
＜2055＞ NIHWA SANGYO Co., Ltd. / JujiMojichicken Company, Ltd. shareholding ratio: 6.00% → 6.86%, obligation to report date: June 7, 2024 ＜2134＞ Can Capital Management Co., Ltd. / SUN ORGANIC FARM Co., Ltd. shareholding ratio: 73.86% → 74.83%, obligation to report date: June 4, 2024 ＜2332＞ QUEST Co., Ltd. / Hiroshi Uchida shareholding ratio: 21.06 % → 20%.
Infocom Receives Prestigious Honor at 2024 Asia-Pacific Stevie Awards
Nissin Castings, Infocom, and Broadcasting Holdings, etc.
<6590> Shibaura is up sharply at 7440, up 290. Jefferies Securities continues its investment rating of "buy" and has raised its target stock price from 9500 yen to 10000 yen. Although the stock price has returned after the earnings, the valuation is still in the PER 10's on a forecast basis for fiscal year 24, indicating significant upside potential from a valuation standpoint. The solid continuation of CoWoS-related orders and the outlook for recovery in the front-end process from the second half of the year suggests that the stock price will also return to its level with the recovery of ordering momentum.
Stocks that hit the daily limit up or down in the morning session.
Stop limit up: Media Holdings (3905), Data Section (4265), Institution for a Global Society (4348), Infocom (5582), Grid (5609), Japan Casting (7357), Geocode. Stop limit down: Regional Newspaper Company (2164). *Includes temporary stop limit up/down (indication value).
Infocom - temporarily hit the maximum price limit, pre-expectation for TOB premium.
InfoCom <4348> was temporarily up by the limit. It was reported over the weekend that US investment fund Blackstone had agreed to acquire the company, and trading was suspended all day the day before. Parent company Teijin sold all of its shares, and Blackstone acquired all of the shares through a tender offer, with the total acquisition price said to be around 260 billion yen. The company acknowledges that it is conducting an investigation at the request of Teijin. While there have been expectations for a tender offer premium in the past, it has risen sharply today.
Volume change rate ranking (9:00) ~ Dip, Daio Paper and others ranked in
In the volume change rate ranking, you can understand the interests of market participants and trends in speculation by comparing the average volume of the past 5 days with the volume of the delivery day. ■ High volume change rate [as of 9:32 on June 4] (comparison with the average volume of the past 5 days) Code Stock name Volume 5-day average volume Volume change rate Stock price change rate ＜9099＞C&F Logistics HD 871,200 107,185.08 285.62% 0.0341
Teijin Makes Comments After Media Reports That Blackstone Set to Acquire Infocom
Teijin Makes Comments After Media Reports That Blackstone Set to Acquire Infocom
Analysis
Price Target
No Data
