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MINATO HOLDINGS INC. surges on plan to acquire P.D.C. as subsidiary
MINATO HOLDINGS INC. <6862> continued its sharp gains. After the close of trading on the 24th last week, the company announced it will acquire all shares of P.D.C. (Chuo-ku, Tokyo), which possesses advanced digital content production technology centered on 3DCG, on the 28th of April to make it a subsidiary, attracting buying interest.
The aim is to strengthen proposal capabilities for customers' marketing needs by leveraging P.D.C.'s advanced digital content production technology. The acquisition price was not disclosed. The impact on earnings is expected to be incorporated from the second quarter of the fiscal year ending March 2027.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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