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An announcement from Kewpie Corporation ( (JP:2809) ) is now available.
Kewpie Corporation has announced a share exchange agreement to make AOHATA Corporation a wholly owned subsidiary, aiming to streamline operations and enhance governance. This strategic move is expected to improve resource allocation and decision-making, addressing challenges such as rising costs and governance burdens, while fostering growth and development for both companies.
The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3400.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.
More about Kewpie Corporation
Kewpie Corporation operates in the food industry, focusing on products such as mayonnaise, dressings, and other food solutions. The company is committed to contributing to global food culture and health, with a focus on safety, security, and unique taste. AOHATA Corporation, a subsidiary of Kewpie, specializes in processed fruit products, including jams and canned foods, and aims to expand into new fields like frozen fruit.
Average Trading Volume: 535,573
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen472.2B
Find detailed analytics on 2809 stock on TipRanks’ Stock Analysis page.