bullish
Dream Incubator (4310 JP) - An Interesting Exit and Attractive Valuation for Future Growth
594 Views19 Dec 2022 18:55
SUMMARY
- In early November, Dai Ichi Life Insurance (8750 JP) announced it would buy ipet Holdings (7339 JP), of which listed VC/PE/incubator Dream Incubator (4310 JP) owned 55%. DI agreed.
- Dream Incubator's exit is worth ¥21.54bn in cash and ¥18.2bn in extraordinary gains on the consolidated financial statements for March 2023.
- That is nice. They have promised to deliver ¥10bn of proceeds to shareholders and reinvest the other ¥5bn to grow their consulting business. It's a nice little asset.
Related Insights
More »Loading
Trending Collections
More »Loading
Trending Insights
More »- HEW: Geopolitics Blow Hot And Warm
- Zhejiang Sanhua Intelligent Controls (2050 HK): Big Raise Supported by Cornerstones
- Singapore Airlines - Confluence of events (SIA SP, CP SGD7.03, HOLD, TP SGD6.85, Airlines)
- Key Markets Tactical Outlooks After Israel Strike on Iran
- Wuxi Biologics Placement - Smaller Deal than Previous as Last Didn’t Do Well, Overhang Remain
Top Unpaywalled Insights
More »Loading
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x