March 23, 2017 2:58 PM ET

IT Services

Company Overview of XYEC Holdings Co., Ltd.

Company Overview

Xyec Holdings Co., Ltd., together with its subsidiaries, provides integrated engineering and IT services primarily for automobile, machinery, telecommunications, and electronics industries in Japan. The company operates through three segments: Engineering Services, IT Services, and IT Solutions. The Engineering Services segment is involved in the software development of automobile electronic control units; and provision of computer aided engineering services, which include design, analysis, and testing of the load condition, material fatigue, and damage tolerance of the components of automobile and aerospace hardware. The IT Services segment offers business-related software development servi...

Keikyu Daijyu Building

9th Floor

3-26-33, Takanawa

Minato-ku

Tokyo,  108-0074

Japan

Founded in 2005

1,000 Employees

Phone:

81 3 5798 2671

Fax:

81 3 5798 2672

Key Executives for XYEC Holdings Co., Ltd.

Executive Chairman, Chief Executive Officer and President
Age: 51
Executive Officer and President of ACLOX Co Ltd
Age: 54
Executive Officer and President of NT Solutions Co Ltd
Age: 54
Executive Officer and President of Kowamex Co Ltd
Executive Officer and President of Sial System Co Ltd
Compensation as of Fiscal Year 2016.

XYEC Holdings Co., Ltd. Key Developments

XYEC Holdings Co., Ltd., Special/Extraordinary Shareholders Meeting, May 10, 2016

XYEC Holdings Co., Ltd., Special/Extraordinary Shareholders Meeting, May 10, 2016, at 10:00 Singapore Standard Time. Location: 1 Raffles Place #18-61 Tower 2 Singapore 048616 Singapore Agenda: To consider approval for the proposed delisting.

Xyec Holdings Proposes Voluntary Delisting From Official List Of SGX-ST

Xyec Holdings Co., Ltd. (“Company”) announce that the Company is proposing a voluntary delisting of the Company (“Proposed Voluntary Delisting”) from the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”) pursuant to Rules 1307 and 1308 of the SGX-ST Listing Manual Section B: Rules of Catalist (“Catalist Rules”). Under Rule 1308(1) of the Catalist Rules, if the Company is seeking to delist from the SGX-ST, a reasonable exit alternative, which should normally be in cash, should be offered to the shareholders of the Company (“Shareholders”). In connection with the Proposed Voluntary Delisting, the Company and Mamezou Holdings Co., Ltd. (“Mamezou” or “Offeror”) wish to jointly announce that the Offeror has presented to the directors of the Company (“Directors”) a formal proposal to make a cash offer (“Exit Offer”) to acquire (a) all the issued ordinary shares in the share capital of the Company. The Directors have noted the Exit Offer and reviewed the Proposed Voluntary Delisting and have resolved that an application be made to the SGX-ST, through the Company’s sponsor, PPCF (as defined below), for the Proposed Voluntary Delisting, and in due course, an extraordinary general meeting of the Company (“EGM”) to be convened to seek the approval of the Shareholders for the Proposed Voluntary Delisting, pursuant to Rule 1307 of the Catalist Rules.

XYEC Holdings Co., Ltd. Announces Unaudited Group Earnings Results for the Six Months Ended September 30, 2015

XYEC Holdings Co., Ltd. announced unaudited group earnings results for the six months ended September 30, 2015. For the six months, the company reported revenue of JPY 4,347,896,000 against JPY 4,075,045,000 a year ago. Operating profit was JPY 122,691,000 against JPY 124,087,000 a year ago. Profit before tax was JPY 118,670,000 against JPY 115,074,000 a year ago. Profit for the financial period (net of tax) was JPY 76,614,000 against JPY 70,552,000 a year ago. Profit for the financial period (net of tax) attributable to the equity holders of the parent was JPY 76,397,000 against JPY 71,477,000 a year ago. Net cash flows used in operating activities was JPY 97,146,000 against net cash flows from operating activities of JPY 623,559,000 a year ago. Purchases of property, plant and equipment was JPY 117,318,000 against JPY 2,030,000 a year ago. Purchases of intangible assets were JPY 500,000 against JPY 5,102,000 a year ago. Basic and diluted earnings per share were JPY 0.72 against JPY 0.65 a year ago. Net asset value per ordinary share based on issued share capital as on September 30, 2015 was JPY 19.42 against JPY 19.11 as at 31 March 2015. The company’s total revenue increased by JPY 272,900,000 or 6.7%, mainly due to the increase in revenue from the IT Services segment.

Similar Private Companies By Industry

Company Name Region
77 Computer Services Co., Ltd. Asia
A Creation Co.,Ltd. Asia
A-zas, Inc. Asia
Acro-X Corporation Asia
AcroHoldings Co.,Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 8, 2016
Kowamex Co., Ltd.
Merger/Acquisition
April 8, 2016
Neutral Corporation
Merger/Acquisition
April 8, 2016
Sial System Corporation
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact XYEC Holdings Co., Ltd., please visit www.xyec.co.jp. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.