Fuji Electric Announces Merger with Subsidiary to Boost Efficiency

Fuji Electric Co ( (JP:6504) ) has shared an announcement.

Fuji Electric Co., Ltd. has announced the absorption of its wholly owned subsidiary, Takayanagi Fuji Co., Ltd., which specializes in wire coiling processing for industrial motors. This merger aims to integrate Takayanagi Fuji’s advanced techniques into Fuji Electric’s operations, enhancing production efficiency, reducing costs, and improving quality. The merger is not expected to significantly impact Fuji Electric’s consolidated operating performance.

The most recent analyst rating on (JP:6504) stock is a Buy with a Yen11700.00 price target. To see the full list of analyst forecasts on Fuji Electric Co stock, see the JP:6504 Stock Forecast page.

More about Fuji Electric Co

Fuji Electric Co., Ltd. operates in the industrial sector, focusing on the development, manufacture, sale, and service of equipment and systems related to social infrastructure in energy, industrial, transportation, and other fields. The company also deals in semiconductor devices, vending machines, and store equipment, providing solutions related to these items.

Average Trading Volume: 918,091

Technical Sentiment Signal: Sell

Current Market Cap: Yen919.6B

For detailed information about 6504 stock, go to TipRanks’ Stock Analysis page.