TYO:8020

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Kanematsu to Acquire IDAJ and Subsidiaries for 50.1 Billion Yen

Kanematsu's (TYO:8020) unit Kanematsu Electronics has agreed to acquire all shares of BCJ-61, whose group includes IDAJ and its subsidiaries, for 50.1 billion yen, effective Oct. 1.IDAJ specializes in Model-Based Development or Computer-Aided Engineering software sales, technical support, and consulting.IDAJ has a combined net sales of 14.7 billion yen and an operating profit of 2.7 billion yen for the fiscal year ended September 2025, according to a Tokyo bourse filing on Friday.Through the acquisition, Kanematsu aims to expand into upstream design and development processes and provide seamless design and development DX solutions from design through manufacturing.

TYO:8020

Asia116d ago

Kanematsu Declares Lower Dividend for Fiscal Year 2026

Kanematsu (TYO:8020) declared a year-end dividend of 34.25 yen per share for the fiscal year 2026, matching earlier forecasts but lower than the 52.50 yen paid a year ago.The total dividend payment amounts to 5.77 billion yen, payable from retained earnings on June 10, according to a Tokyo bourse filing on Monday.The company's basic policy targets a consolidated dividend payout ratio of 30% to 35%.

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