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JEOL Ltd to Acquire JEOL RESONANCE Inc. from Innovation Network Corporation of Japan; Expects Extraordinary Profit for Q2 of FY 2014

Tuesday, 12 Nov 2013 01:00am EST 

JEOL Ltd announced that it has decided to acquire 7,495 shares (a 74.95% stake) of JEOL RESONANCE Inc.'s stake, from Innovation Network Corporation of Japan, for JPY 1,527 million, on December 25, 2013. Due to this development and the Company's share repurchase, the Company is expecting an extraodinary profit of for the second quarter of fiscal year ending March 2014, due to this development. 

Company Quote

18.0 +3.54%
31 Oct 2014