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Fuyo General Lease Co., Ltd. ( (JP:8424) ) has shared an announcement.
Fuyo General Lease Co., Ltd. has announced the acquisition of a majority stake in Wako Pallet Co., Ltd., a company specializing in logistics equipment rental and sales, in partnership with the Development Bank of Japan Inc. This strategic move aims to enhance Fuyo’s capabilities in addressing logistics challenges in Japan, particularly in light of the country’s aging population and labor shortages. By integrating Wako Pallet’s expertise with its own financial solutions, Fuyo seeks to contribute to sustainable logistics development and strengthen its market position.
More about Fuyo General Lease Co., Ltd.
Fuyo General Lease Co., Ltd. operates in the leasing industry, focusing on providing comprehensive financial and leasing solutions. The company is committed to creating shared value through sustainable growth and has identified mobility logistics as a key area for investment.
YTD Price Performance: -5.77%
Average Trading Volume: 47,377
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen330.8B
See more insights into 8424 stock on TipRanks’ Stock Analysis page.