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Kanadevia Corporation

Kanadevia Corporation designs, manufactures, installs, sells, repairs, and maintains environmental equipment, plants, machinery, and infrastructure facilities across Japan, Europe, Asia, North America, the Middle East, and other regions. It operates through four segments: Environment, Machinery & Infrastructure, Decarbonization, and Other. The company was formerly known as Hitachi Zosen Corporation and changed its name to Kanadevia Corporation in October 2024. Founded in 1881, it is headquartered in Osaka, Japan.

Price · split & dividend adjusted
News & notes moving 7004.JP
Japan
Critical Materials & Supply Chain

Kanadevia and Nippon Steel Engineering End Merger Talks

Kanadevia and Nippon Steel Engineering, a subsidiary of Nippon Steel, announced on the 29th that they are ending talks on a business integration that the two companies had been pursuing. The two companies explained that they had reached the view that it would be difficult to find agreement on the conditions for the integration, and the merger has fallen through. Kanadevia is the former Hitachi Zosen, and Nippon Steel Engineering is headquartered in Tokyo.
Kanadevia Corp… NIPPON STEEL C…
Critical Materials & Supply Chain
About megatrends
Critical Materials & Supply Chain › Structural Products, Fabrication & Metal Processing Competition
7004.JP · Capital · Neutral Kanadevia's planned business integration with Nippon Steel Engineering has collapsed over disagreement on terms.
Nippon Steel Engineering (日鉄エンジニアリング) · Capital · Neutral Nippon Steel Engineering's merger talks with Kanadevia ended without agreement.
5401.JP · Capital · Neutral Merger talks between its subsidiary Nippon Steel Engineering and Kanadevia have fallen through, a failed M&A event.
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Japan
7004.JP▼

Nikkei to Add JX Metals and Two Other Stocks

Nihon Keizai Shimbun announced on the 4th that it will remove Konica Minolta, Archion, and Kanadevia from the Nikkei Stock Average's constituent stocks, and instead add JX Metals, Capcom, and Kokusai Electric. The change, which takes into account market liquidity and other factors, will be implemented on October 1st.
Konica Minolta… ▼JX Advanced Me… ▲Kokusai Electr… ▲Kanadevia Corp… ▼Capcom Co., Lt… ▲
4902.JP · Capital · Negative Konica Minolta is being removed from the Nikkei Stock Average, triggering passive fund selling.
5016.JP · Capital · Positive JX Metals is being added to the Nikkei Stock Average, an index-inclusion event that drives passive fund buying.
6525.JP · Capital · Positive Kokusai Electric is being added to the Nikkei Stock Average, an index-inclusion event that drives passive fund buying.
7004.JP · Capital · Negative Kanadevia is being removed from the Nikkei Stock Average, triggering passive fund selling.
9697.JP · Capital · Positive Capcom is being added to the Nikkei Stock Average, an index-inclusion event that drives passive fund buying.
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