Research On The Performance Of Tohoku Aerospace In The Merger Of Shinchan Shares

With the improvement of the capital market and the intensification of market competition,M&A has become an important way for listed companies to adjust their profit model,adapt to the development of science and technology,and improve their business performance.The transformation of traditional industries through mergers and acquisitions is still the first time in the field of agricultural machinery.The new research Shinchan Shares boldly acquired outstanding companies in emerging areas,Tohoku Aerospace,and turned it into a wholly-owned subsidiary through 100 % ownership.The performance of post-merger performance needs to be systematically analyzed in order to get inspiration and reference from this merger.In the analysis of M&A performance,this paper emphasizes on financial performance,taking non-financial performance into account.In the financial performance analysis,the event research method is used to analyze the short-term financial performance;Using financial index analysis to study long-term financial performance;Research value performance by using EVA method;Using non-financial index analysis to study strategic performance.On the basis of the performance evaluation,we get the enlightenment of the Shinchan Shares merger and acquisition,put forward suggestions for the management development of the new research shares,and provide reference for cross-industry mergers and acquisitions.The research results show that the new research stock acquisition has a positive impact on the value of the company in the short term,and the performance is volatile,but it has a positive effect on enterprise transformation and corporate strategy.From the Shinchan Shares successfully completed the strategic transformation and obtained high-tech industry tickets,the merger and acquisition has achieved success.The Shinchan Shares achieved strategic performance through the merger and acquisition of Tomorrow Aerospace.At the same time,it has brought good short-term financial performance.In terms of long-term financial performance,there is a great risk that development,profitability,operating capacity,and solvency will increase and then decline.The impact on the value of enterprises is negative due to changes in the capital structure.This paper puts forward a number of countermeasures to deal with the risk of cross-industry mergers and acquisitions.