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Eiken Chemical to Transfer Subsidiary to Boost Efficiency

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Eiken Chemical to Transfer Subsidiary to Boost Efficiency

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An announcement from Eiken Chemical Co., Ltd. ( (JP:4549) ) is now available.

Eiken Chemical Co., Ltd. has decided to transfer its equity interest in its subsidiary EIKEN CHINA CO., LTD. to improve production and management efficiency. The transfer will involve moving raw materials processing to its Nogi Factory and switching to direct sales, which is expected to enhance corporate value. The name of the transferee, a Chinese corporation, remains confidential, and the transfer is set to be completed by September 2025.

More about Eiken Chemical Co., Ltd.

Eiken Chemical Co., Ltd. operates in the clinical diagnostics industry, focusing on the manufacturing and sales of diagnostic products. The company has a market presence in China through its subsidiary EIKEN CHINA CO., LTD., which it fully owns.

Average Trading Volume: 110,777

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen74.99B

For detailed information about 4549 stock, go to TipRanks’ Stock Analysis page.

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