Alps Alpine Co (JP:6770) has released an update.
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Alps Alpine Co., Ltd. has made a strategic decision to transfer its power inductor business to Delta Electronics (Japan), Inc. as part of an absorption-type demerger, expected to take effect from January 6, 2025. This move aims to enhance corporate value and focus on core businesses, believing that Delta Electronics’s leadership in power supply products and economies of scale will help maximize growth opportunities. The transfer aligns with Alps Alpine’s goal to achieve a P/B ratio of 1x or more by FY2027.
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