tiprankstipranks
Advertisement
Advertisement

Gyet Co., Ltd. Completes Acquisition of COEN to Make It a Wholly Owned Subsidiary

Story Highlights
  • Gyet Co., Ltd. has acquired all COEN shares, making it a wholly owned subsidiary.
  • The 200 million yen deal strengthens Gyet’s apparel business, with financial impact under review.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gyet Co., Ltd. Completes Acquisition of COEN to Make It a Wholly Owned Subsidiary

Claim 55% Off TipRanks

An update from Mac House Co., Ltd. ( (JP:7603) ) is now available.

Gyet Co., Ltd. has completed the acquisition of all shares of COEN CO., LTD. from UNITED ARROWS LTD., making COEN a wholly owned subsidiary as of March 2, 2026. COEN, established in 2008 and based in Tokyo’s Minato Ward, is engaged in the planning, manufacturing, and sales of apparel products, with capital stock of 100 million yen.

Under the deal, Gyet acquired 2,000 shares with 2,000 voting rights for a total consideration of 200 million yen, securing 100% ownership of COEN. The company is currently reviewing the impact of this transaction on its consolidated financial results for the fiscal year ending February 2027 and plans to disclose any material effects as they are determined.

The most recent analyst rating on (JP:7603) stock is a Sell with a Yen132.00 price target. To see the full list of analyst forecasts on Mac House Co., Ltd. stock, see the JP:7603 Stock Forecast page.

More about Mac House Co., Ltd.

Gyet Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Standard Market under securities code 7603. Operating in the retail and apparel sector, it focuses on consumer fashion-related businesses and is expanding its footprint through strategic share acquisitions to strengthen its position in apparel planning, manufacturing, and sales.

Average Trading Volume: 602,785

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen3.79B

See more insights into 7603 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1