Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Japan Investment Adviser rises on capital and business alliance with Sojitz Corporation <2768> to expand operating lease product sales
Japan Investment Adviser Co Ltd <7172> shares rose on Monday after announcing a capital and business alliance with Sojitz Corp <2768> following Friday's close. Japan Investment Adviser expects to raise approximately 3.4 billion yen in net proceeds, which will fund loans to its subsidiary JP Lease Products & Services (JLPS). JLPS will use the capital to acquire silent partnership investment interests for structuring operating lease products, thereby increasing structuring and sales opportunities and drawing buying interest.
As part of the alliance, major shareholder and President Naoto Shiraiwa will sell a portion of his shares to Sojitz, and Japan Investment Adviser will issue new shares to Sojitz through a third-party allotment. Sojitz's voting stake in Japan Investment Adviser is projected to rise to 19.97% from 0.66% at the end of last year, making it the second-largest shareholder.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
Soken Chemical & Engineering rebounds on speculation over Axium's stake increase
KOBE BUSSAN falls for fourth straight day as April operating profit declines despite sales growth
Bleach surges on plan to establish healthcare subsidiary
ICOM INCORPORATED shares surge on 5.01% stake acquisition by Kaname Capital
THK draws attention as orders expand in semiconductor sector
A&A Material Corporation rises for third day on share cancellation plan
ExaWizards extends gains for sixth straight day on joint venture with MS&AD Insurance to promote AX
Katakura Industries rises for second day on speculation after Zenar Asset Management acquires 5.04% stake
DVx rises for first time in three days as OLBA HEALTHCARE announces full acquisition via share exchange
KITAGAWA SEIKI shows signs of short squeeze, operating profit for June 2026 term may reach 18-year high with further upward revision