Independent journal on economy and transport policy
12:41 GMT+1
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Agreement of fusion between the Japanese shipbuilding societies Namura Shipbuilding and Sasebo Heavy Industries Ltd.
the operation will be realized the next October
May 27, 2014
The navalmeccanica company Japanese Namura Shipbuilding Co. it has reached an agreement of fusion with the compatriot Sasebo Heavy Industries Ltd. Co. based on which this last one will integrally become a controlled society from the Namura with effect from the next 1° October. The understanding previews that the shareholders of Sasebo receive 0,128 set in action of Namura for each of the Sasebo actions in they possession.
In the exercise finished anniversary 31st March Namura 91 million euros have recorded a profit of clearly 12,7 billion yen () on revenues pairs to 124,6 billion yen respect to a profit of clearly 8,0 billion yen on revenues pairs to 118,4 billion yen in the exercise precedence. In the fiscal year finished anniversary on March 31, 2014 Sasebo has totaled a net loss of -2,8 billion yen on revenues for 31,0 billion yen respect to a net loss of -533 million yen on revenues for 35,9 billion yen in the exercise precedence.
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