Solasto Corporation

Equities

6197

JP3436250009

Healthcare Facilities & Services

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
497 ^JPY	+0.61%		+2.47%	-19.32%

Apr. 22	Solasto's Occupancy Rate Slips in March	MT
Mar. 21	Solasto's Number of Facility Residents Up Nearly 14.7% in February	MT

Solasto Corporation sign a contract to acquire 96.63% stake in POSSIBLE Medical Science, Ltd. from West Japan Railway Company for ¥1.3 billion.

May 23, 2023

Solasto Corporation (TSE:6197) sign a contract to acquire 96.63% stake in POSSIBLE Medical Science, Ltd. from West Japan Railway Company (TSE:9021) for ¥1.3 billion on May 24, 2023. Solasto Corporation will acquire 14,339 shares in POSSIBLE Medical Science. POSSIBLE Medical Science has reported revenues of ¥1.91 billion, total assets of ¥765 million, EBIT of ¥38 million, net income of ¥43 million and net assets of ¥305 million on fiscal year ended January 2023.

The board resolution date is May 24, 2023. The transaction is expected to complete on July 3, 2023.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	WEST JAPAN RAILWAY COMPANY	2,964 JPY	-0.39%	+0.08%	9.18B
	SOLASTO CORPORATION	497 JPY	+0.61%	+2.47%	291M

Latest news about Solasto Corporation

Solasto's Occupancy Rate Slips in March	Apr. 21	MT
Solasto's Number of Facility Residents Up Nearly 14.7% in February	Mar. 21	MT
Solasto Corporation Announces Retirement of Executives	Feb. 08	CI
Solasto Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024	Feb. 08	CI
Solasto Repurchases 307,200 Shares in January	Jan. 25	MT
Tranche Update on Solasto Corporation's Equity Buyback Plan announced on August 10, 2023.	Jan. 25	CI
Solasto Corporation's Equity Buyback announced on August 10, 2023, has closed with 2,506,400 shares, representing 2.66% for ¥1,499.97 million.	Jan. 23	CI
Japanese Shares Hit Fresh 52-Week High, Buoyed by Tech Stocks	Jan. 22	MT
Solasto's Number of Facility Residents Up 15.1% in December 2023	Jan. 21	MT
Solasto Completes Payment for Restricted Stock Compensation	Jan. 11	MT
Solasto Buys Back 407,400 Shares for 234.58 Million Yen in December 2023	Jan. 08	MT
Tranche Update on Solasto Corporation's Equity Buyback Plan announced on August 10, 2023.	Jan. 05	CI
Solasto's Number of Facility Residents Up Nearly 14.7% in November	Dec. 21	MT
Solasto to Issue 13 Million Yen of Shares as Restricted Stock Compensation	Dec. 13	MT
Solasto's Number of Facility Residents Up Nearly 15% in October	Nov. 21	MT
Solasto's Number of Facility Residents Up Nearly 15% in September	23-10-19	MT
Solasto Corporation Announces Executive Changes	23-10-16	CI
Solasto Corporation Announces Executive Changes	23-10-02	CI
Tranche Update on Solasto Corporation's Equity Buyback Plan announced on August 10, 2023.	23-10-02	CI
Solasto Corporation Announces Management Changes	23-09-12	CI
Solasto Corporation Announces Management Changes	23-09-12	CI
Solasto Corporation announces an Equity Buyback for 3,000,000 shares, representing 3.17% for ¥1,500 million.	23-08-10	CI
Solasto Corporation authorizes a Buyback Plan.	23-08-09	CI
Solasto’s Number of Residents Up Nearly 11% Year on Year in June	23-07-20	MT
Solasto Issues New Shares as Restricted Stock Compensation	23-07-12	MT

Chart Solasto Corporation

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Company Profile

Solasto Corp is a Japan-based company mainly engaged in the medical-related contract business, and the nursing care and childcare business. The Company has two business segments. The Medical Related Contract segment is engaged in the provision of contract and staffing services such as reception, accounting, medical fee billing, hospital management support and other medical office related services. The Nursing Care And Childcare segment is engaged in the provision of home help services, day services, paid nursing homes with long-term care services, care houses, residential-type paid elderly homes, home care support services, group homes, home-visit nursing care services, childcare services, as well as the rental and sale of welfare equipment. The Company is also engaged in the provision of education and training services such as medical and nursing care related courses, the skill certification test business, the real estate leasing business, and the insurance agency business.

Sector

Healthcare Facilities & Services

Calendar

2024-05-12 - Q4 2023 Earnings Release

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Ratings for Solasto Corporation

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Sell

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OUTPERFORM

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Last Close Price

497 JPY

Average target price

770 JPY

Spread / Average Target

+54.93%

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Sector Other Healthcare Facilities & Services

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SOLASTO CORPORATION	-19.32%	291M
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PURE HEALTH HOLDING	-31.75%	11.77B

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