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Sparks G---Japan Monozukuri Future Fund has started a tender offer for common stock of Shinnittan through ARTS-3, which holds all the Stocks.
On February 28, the Sparks Group <8739> announced that ARTS-3 will acquire the common stock of Shin'ittan <6319>, which manufactures and sells forged products for the automotive industry, through a public tender offer. ARTS-3 holds all the issued shares of the Japan Monozukuri Future Investment Project (Japan Monozukuri Future Fund), which the company serves as a limited partner. This fund aims to maintain high technology and skills in Japan and continue to develop the strength of manufacturing.
Spot information on individual stocks (1)
Sakura KCS <4761.T> experienced a significant rise. The consolidated operating profit Financial Estimates for the current March period were raised from 1.2 billion yen to 1.41 billion yen (a 25% increase compared to the previous period). Orders in the finance and public sectors remain strong. The annual Dividends Financial Estimates were also increased. CEHD <4320.T> surged. The performance plan for the first half of the current September period was revised upward. Orders for the main product, the electronic medical record system "MI-RA-Is series," increased. Aeon Mall <8905.T> skyrocketed. Aeon <8267.T> is acquiring Aeon Dila <9787.T> (under supervision).
Sparx's ARTS-3 Launches Tender Offer for SNT Corp.