THE WHY HOW DO COMPANY shares jump on acquisition of LED lighting firm Cowell

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Apr 17, 2026 10:11 am JST Catalyst

THE WHY HOW DO COMPANY <3823> rebounded sharply. Following the close of trading on April 16, the company announced it will acquire Tokyo-based LED lighting seller Cowell as a subsidiary to launch a new lighting business, drawing buy orders on upbeat investor sentiment.

THE WHY HOW DO COMPANY will acquire 90.9% of Cowell's shares on April 28 and make it a wholly owned subsidiary through a simplified share exchange on May 15. The acquisition price is 591 million yen. Cowell specializes in LED lighting for commercial facilities and offices, providing one-stop services from installation to operation. The company plans to leverage Cowell's customer base and its own network to promote cross-selling.

Simultaneously, the company announced it will acquire Nippon Junkin this month to launch a precious metals trading business, which was also viewed as a positive. The currently dormant Nippon Junkin will be reorganized as an operating entity to develop a new revenue pillar. The acquisition price is 1 yen. The impact of both acquisitions on earnings is being assessed.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.