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Kodomaka --- The conversion of Type A preferred shares leads to a change in controlling shareholders other than the parent company.
Kodomakagaku Industry <4222> announced on the 27th that there has been a change in the controlling shareholder other than the parent company due to the conversion of Class A preferred shares into common stock. Endeavor United No. 2 Investment Limited Liability Partnership (EU), the holder of the company's Class A preferred shares, exercised the right to request acquisition of all its Class A preferred shares in exchange for common stock, and the conversion to common stock has been completed. The converted shares amount to 7,812,500 shares, and the conversion to common stock is completed.
Express News | [Change Report] Endeavor United reports a decrease in the shareholding ratio of Kodama Chemicals (4222.JP) to 62.48%.
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Kodama's profits increased significantly in the third quarter, with a large increase in ordinary profits, and the mobility business continues to progress smoothly.
Kodama Chemicals Industry <4222> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (April-December 2024) on the 12th. Revenue increased by 5.9% year-on-year to 11.764 billion yen, operating profit increased by 29.2% to 0.153 billion yen, ordinary profit increased by 1,106.8% to 0.103 billion yen, and the quarterly net loss attributable to shareholders of the parent company was 0.075 billion yen (compared to a loss of 0.177 billion yen in the same period last year). The mobility business revenue was 14.2% higher than the same period last year, reaching 8.185 billion yen, while segment profit was the same.
KODAMA CHEMICAL INDUSTRY: Interim report.