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Hagiwara Electric and Satori Electric Announce Business Integration

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Hagiwara Electric and Satori Electric Announce Business Integration

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Satori Electric Co., Ltd. ( (JP:7420) ) has issued an announcement.

Hagiwara Electric Holdings Co., Ltd. and Satori Electric Co., Ltd. have announced a business integration through the establishment of a joint holding company, aiming to leverage their combined strengths to meet the growing demand for advanced technology solutions in the electronics market. This integration is expected to enhance their global market presence and address the evolving needs of customers, particularly in light of geopolitical tensions and the increasing importance of sophisticated supply chains.

More about Satori Electric Co., Ltd.

Satori Electric Co., Ltd. is a comprehensive electronics trading company established in 1947, focusing on semiconductors, electronic components, and electronic equipment. It aims to become a sustainability solution company by 2030, expanding its global presence, particularly in Asia, through strategic acquisitions. Hagiwara Electric Holdings Co., Ltd., founded in 1948, operates as a technology-related trading company, providing electronic components and IT solutions primarily for the automotive and manufacturing industries, and has been expanding globally.

Average Trading Volume: 90,743

Technical Sentiment Signal: Buy

Current Market Cap: Yen25.22B

See more data about 7420 stock on TipRanks’ Stock Analysis page.

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