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Asahi Kasei ( (JP:3407) ) has shared an update.
Asahi Kasei Corp. has announced its decision to absorb its wholly owned subsidiary, Asahi Kasei Epoxy Co., Ltd., through a simplified merger scheduled to take effect on April 1, 2026. This strategic move aims to streamline operations and reduce complexities in managing its epoxy business, with no significant impact expected on the company’s consolidated earnings.
More about Asahi Kasei
Asahi Kasei Corp. operates in the diversified chemicals industry, primarily focusing on the production of various chemical products, including epoxy resins and curing agents. Established in 1931, the company seeks to enhance operational efficiency and maintain its market position through strategic mergers and acquisitions.
YTD Price Performance: -3.49%
Average Trading Volume: 920
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.13B
See more data about 3407 stock on TipRanks’ Stock Analysis page.