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IRISO Electronics Co., Ltd. ( (JP:6908) ) has shared an announcement.
IRISO Electronics Co., Ltd. announced the decision to dissolve and liquidate its foreign consolidated subsidiary, IRISO ELECTRONICS (HONG KONG) LIMITED, to enhance operational efficiency and resource utilization. The Hong Kong subsidiary’s logistical functions have decreased in importance, prompting this strategic move. The Taiwan branch will continue as part of IRISO’s operations, while the South Korea branch will become a local entity. The company anticipates minimal financial impact from this dissolution.
The most recent analyst rating on (JP:6908) stock is a Buy with a Yen3259.00 price target. To see the full list of analyst forecasts on IRISO Electronics Co., Ltd. stock, see the JP:6908 Stock Forecast page.
More about IRISO Electronics Co., Ltd.
IRISO Electronics Co., Ltd. operates in the electronics industry, specializing in the manufacturing and sales of connectors. The company focuses on providing solutions for various electronic applications, with a market presence in East Asia through subsidiaries and branches.
Average Trading Volume: 132,558
Technical Sentiment Signal: Hold
Current Market Cap: Yen72.54B
Find detailed analytics on 6908 stock on TipRanks’ Stock Analysis page.