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Tokyo production is steady, with the acquisition of Stocks by Xihua seen as a factor.
Tokyo Sangyo <8070.T>, a Machinery trading company, is performing well. At one point, it reached a price of 710 yen, which is an 18 yen increase compared to the previous day. After market close on the first day, it was announced that Seika Sangyo <8061.T> would acquire stocks. Seika Sangyo plans to acquire 3,321,800 shares of Tokyo Sangyo, which represents 11.58% of the total outstanding shares, on April 3rd. It should be noted that this stock acquisition falls under the category of 'acts deemed to be public tender offers defined by government ordinance' as obtaining more than 5% of voting rights, but since both companies are Machinery trading firms, it relates to industry restructuring.
Seika Corporation to Acquire 11.6% Stake in Tokyo Sangyo
Express News | Seika Corp - Notice Concerning Acquisition of Shares of Tokyo Sangyo Constituting an Act of Buying up
Express News | Kameda Seika Co Ltd - Acquisition Price Set at $221 Million
Express News | Kameda Seika Co Ltd - to Acquire TH Foods, Inc. as Subsidiary
Seika To Go Ex-Dividend On March 28th, 2025 With 130 JPY Dividend Per Share
March 27th (Japan Standard Time) - $Seika(8061.JP)$ is trading ex-dividend on March 28th, 2025.Shareholders of record on March 31st, 2025 will receive 130 JPY dividend per share. The ex-dividend