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T&S Group: Interim report
T&S G announced the establishment of a subsidiary.
T&S Group <4055> announced on the 30th that it has decided to establish Info as its wholly owned subsidiary. Info specializes in commissioned development of AI software and image recognition software, research and development support for AI algorithms and AI models, efficiency support for software development utilizing generated AI, provision of software solutions using the latest edge AI processors, and research and development of AI technology, including product development of AI software.
T&S G, LPF and others
<4055> Tian De Es G established a subsidiary <4598> DELTA-P 8th round of subscription rights (with exercise price adjustment clause) with a large number of exercises, 0.25 million shares to be issued from the 30th <7091> LPF established a subsidiary.
Expansion of the semiconductor business through business partnership with NeedsWell at TianDeS Group.
T&S Group <4055> announced on the 29th that they have signed a business partnership agreement with NeedsWell <3992> to aim for the establishment and promotion of a long-term collaborative relationship between the two companies. The company group aims to provide customers with peace of mind, satisfaction, and prosperity through the new added value created by software technology in all industries. They also solve customer's challenges with advanced software technology and support software development, especially in the fields of power electronics, semiconductors, AI, etc.
Signing of basic agreement for acquisition (subsidiarization) of Exstage's shares by TiandeS Group.
On the 15th, Tian and E's Group <4055> announced that they have decided to sign a basic agreement to acquire and make Exstage a subsidiary at the board of directors meeting. In order to achieve further growth, Tian and E's Group aims to realize agile and detailed management through profit management and talent management tailored to the business model, and transitioned to a holding company structure as of June 1 of this year. The business environment surrounding the company is in the company's main areas.
T&S Group - in the third quarter, revenue and profit increased, with the DX solution and AI solution progressing smoothly.
T&S Group <4055> announced its consolidated financial results for the third quarter of the fiscal year ending September 2024 (December 23 - August 24). Revenue was 2.644 billion yen, operating profit was 0.461 billion yen, ordinary profit was 0.461 billion yen, and net profit attributable to the parent company's shareholders for the quarter was 0.317 billion yen. The company transitioned to consolidated financial statements from the third quarter of the fiscal year ending September 2024, so there is no comparison with the same period last year. However, when compared to the non-consolidated results of the previous year, the cumulative second quarter.
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