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ARIAKE JAPAN Co ( (JP:2815) ) has provided an announcement.
ARIAKE JAPAN Co., Ltd. has decided to dissolve and liquidate its subsidiary, Rizhao Ariake Foodstuff Co., Ltd., due to changes in land readjustment plans in Qingdao City, China. The company will focus on expanding its existing facilities in Qingdao to accommodate future growth, with minimal impact expected on its business performance.
The most recent analyst rating on (JP:2815) stock is a Buy with a Yen7400.00 price target. To see the full list of analyst forecasts on ARIAKE JAPAN Co stock, see the JP:2815 Stock Forecast page.
More about ARIAKE JAPAN Co
ARIAKE JAPAN Co., Ltd. operates in the food industry, primarily focusing on the manufacture and sale of natural seasonings. The company has a significant market presence in China, where it aims to expand its production capacity to meet increasing demand.
YTD Price Performance: 19.21%
Average Trading Volume: 70,701
Technical Sentiment Signal: Buy
Current Market Cap: Yen209.3B
See more insights into 2815 stock on TipRanks’ Stock Analysis page.