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Fujitec Co., Ltd. ( (JP:6406) ) has issued an update.
Fujitec Co., Ltd. announced a strategic restructuring of its North American operations by transferring its equity interest in Fujitec Canada Inc. and Elevadores EV International, S.A. de C.V. to Fujitec America Inc. This move aims to consolidate management functions and strengthen its operations in the region. The restructuring is expected to have minimal impact on the company’s overall financial performance.
More about Fujitec Co., Ltd.
Fujitec Co., Ltd. operates in the elevator and escalator industry, offering services such as sales, installation, maintenance, and repair of these products. The company has a significant market presence in North America, with operations in Canada, Mexico, and the United States.
YTD Price Performance: -3.86%
Average Trading Volume: 167,338
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen448.3B
For detailed information about 6406 stock, go to TipRanks’ Stock Analysis page.