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Companies

HI-LEX CORPORATION

Latest Tokyo Brief coverage on HI-LEX CORPORATION, tracking filings, financial news, and market signals from Japan.

Code
7279
Exchange
TSE
Coverage
2 articles

Latest coverage

TSE:7279

  1. HI-LEX Books ¥1.41bn Gain as It Sells Down Cross-Shareholdings Toward 10%-of-Net-Assets Target

    A single stock sale hands HI-LEX Corporation a ¥1.411bn one-off gain, part of ¥15.988bn in cross-shareholding disposals this fiscal year as the auto-parts supplier works to cut policy-held shares to 10% or less of consolidated net assets, with no word yet on whether earnings guidance will change.

  2. Hi-Lex Buys Back Shares as Acquisition Debt Nearly Quadruples

    The Japanese auto-parts maker is spending up to ¥1.5bn on a share buyback even as debt from its Hi-Lex Act deal pushes its equity ratio down to 58%, and it is closing plants in the US and Spain while reorganizing all 13 of its domestic factories by 2028.