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J-Oil Mills, Inc. ( (JP:2613) ) has provided an announcement.
J-Oil Mills has resolved to merge its wholly owned logistics subsidiary, J-Wakamatsu Service Co., Ltd., through an absorption-type merger effective April 1, 2026, with J-Oil Mills as the surviving entity and no share or cash consideration, as it already owns 100% of the unit. The integration is aimed at strengthening group governance and boosting operational efficiency by consolidating manufacturing, logistics and administrative functions, while maintaining responsibility for shipment and supply and seeking to ensure a smooth transition with minimal customer impact; the transaction will not change the parent company’s core corporate profile and is expected to have an immaterial effect on its consolidated financial results.
The most recent analyst rating on (JP:2613) stock is a Hold with a Yen2196.00 price target. To see the full list of analyst forecasts on J-Oil Mills, Inc. stock, see the JP:2613 Stock Forecast page.
More about J-Oil Mills, Inc.
J-Oil Mills, Inc. is a Japan-based manufacturer and seller of oils, fats and related products, listed on the Tokyo Stock Exchange. The company operates globally in the food and food-ingredients sector, with major shareholders including Ajinomoto Co., Inc. and Mitsui & Co., Ltd., and focuses on stable, high-quality supply to food industry customers. Its group operations also encompass logistics and warehousing services through subsidiaries to support manufacturing and distribution.
Average Trading Volume: 59,932
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen67.27B
For detailed information about 2613 stock, go to TipRanks’ Stock Analysis page.