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The latest update is out from GSI Creos Corporation ( (JP:8101) ).
GSI Creos Corporation has decided to transfer all equity in its subsidiary, SHARE Corporation, to AMS, Inc. This decision is part of a strategic move to withdraw from the e-commerce, retail, and wholesale sectors of ladies’ apparel, aligning with the company’s broader business reorganization plans. The transfer reflects GSI Creos’s efforts to optimize its business portfolio and potentially improve its financial standing, as SHARE Corporation has been experiencing financial losses.
More about GSI Creos Corporation
GSI Creos Corporation operates in the e-commerce and retail industry, focusing on the distribution and sale of ladies’ apparel and related products. The company is involved in optimizing its business portfolio, indicating a strategic shift in its market focus.
YTD Price Performance: -11.49%
Average Trading Volume: 47,849
Technical Sentiment Signal: Buy
Current Market Cap: Yen23.5B
Find detailed analytics on 8101 stock on TipRanks’ Stock Analysis page.