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TYO:6361

3 stories mentioning TYO:6361Updated 29d ago

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Asia

Infroneer Completes Swing Acquisition

Infroneer (TYO:5076) has completed its acquisition of all shares of Swing from EBARA(TYO:6361), JGC (TYO:1963), and Mitsubishi (TYO:8058), effective today, making Swing a wholly owned subsidiary.The deal enables an end-to-end water and sewerage business by combining Swing's water treatment expertise with Infroneer's project management and civil engineering capabilities, according to a Tokyo bourse filing on Wednesday.Swing's maintenance sites also support expansion into road and public facility management as part of Infroneer's comprehensive infrastructure services strategy.

TYO:1963TYO:5076TYO:6361TYO:8058
Asia

Ebara's Profit Rises 16% in Q1

Ebara's (TYO:6361) profit attributable to owners of the parent climbed 16% to 18.3 billion yen for the first quarter from 15.8 billion yen a year earlier.The industrial machinery manufacturer's earnings per share increased to 40.09 yen from 34.15 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 16% to 246.3 billion yen for the three months ended March 31 from 212.7 billion yen in the prior year.For the year ending Dec. 31, the company expects attributable profit of 99.5 billion yen, EPS of 217.91 yen, and revenue of 1.020 trillion yen.Ebara plans to pay interim and year-end dividends of 33 yen per share, each, for the current fiscal year, which is higher than the 28 yen interim and 31 yen year-end dividends paid in the year-ago period.

TYO:6361
Asia

Infroneer Denies Media Report On Swing Acquisition Talks

Infroneer (TYO:5076) said a media report claiming it had decided to acquire waterworks operator Swing for over 90 billion yen was not based on a company announcement, according to a Tuesday filing on the Tokyo Stock Exchange.The company said it is currently in discussions regarding the matter and plans to submit it to a board of directors meeting held the same day.A report had said Infroneer plans to buy stakes in Swing from Mitsubishi Corporation (TYO:8058), Ebara Corporation (TYO:6361) and JGC Holdings (TYO:1963) in a deal exceeding 90 billion yen.Swing, which designs, builds and operates water treatment plants, generated about 82.9 billion yen in revenue in the year ended March 2025 and operates more than 300 sites.

TYO:1963TYO:5076TYO:6361TYO:8058

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