TOHOKUSHINSHA FILM CORPORATION [2329.T]
TOKYO, Apr 30 (Pulse News Wire) – Tohokushinsha Film Corporation (2329.T) completed its acquisition of Granif Co., making it a wholly-owned subsidiary. The acquisition was approved during the board meeting held on March 27, 2026.
Granif Co., headquartered at Tokyo, Shibuya Ku Jinguumae2-34-17 Sumitomo Fudosan Harajuku Building, 6F, engages in the planning, manufacturing, and sales of design products. Its capital amount stands at ¥50 million. The company was established on November 26, 2019.
Post-acquisition, Tohokushinsha now holds 100% of Granif's shares, increasing its equity stake from 0 to 100%. Prior to the acquisition, Tohokushinsha had no shareholding in Granif. Granif’s recent three-year consolidated performance shows: | Financial Year | 2023 June | 2024 June | 2025 June | |---------------|-----------|-----------|-----------| | Consolidated Net Assets | ¥4.309 billion | ¥3.752 billion | ¥3.220 billion | | Consolidated Total Assets | ¥16.50 billion | ¥15.49 billion | ¥13.88 billion | | Consolidated Revenue | ¥10.95 billion | ¥12.53 billion | ¥13.45 billion | | Operating Profit/Loss | --¥693 million | ¥20 million | ¥0 | | EBITDA (Reference) | ¥1.164 billion | ¥1.903 billion | ¥1.920 billion | | Ordinary Profit/Loss | --¥857 million | --¥151 million | --¥162 million | | Net Profit/Loss | --¥1.131 billion | --¥556 million | --¥543 million | Tohokushinsha expects to assess the impact of this acquisition on its fiscal year ending March 2027 and will promptly disclose any significant findings.
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