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Aica Kogyo Company, Limited ( (JP:4206) ) has issued an announcement.
Aica Kogyo Company, Limited has decided to cancel its memorandum of understanding to acquire TAKARAINC. CO. Ltd as a subsidiary. The decision was made after both companies could not agree on the conditions for the acquisition following due diligence. The cancellation will not affect Aica Kogyo’s financial results for the fiscal year ending March 2026, as the acquisition was not included in their earnings forecast. Both companies remain open to future collaborations and capital tie-ups to strengthen their cooperative relationship.
More about Aica Kogyo Company, Limited
Aica Kogyo Company, Limited operates in the manufacturing sector, focusing on producing chemical products and materials. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, indicating a significant presence in the Japanese market.
Average Trading Volume: 177,962
Technical Sentiment Signal: Buy
Current Market Cap: Yen235B
See more data about 4206 stock on TipRanks’ Stock Analysis page.