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Mabuchi Motor Acquires OB Kogyo to Enhance Movement Solutions

Story Highlights

An announcement from Mabuchi Motor Co ( (JP:6592) ) is now available.

Mabuchi Motor Co., Ltd. has announced the acquisition of OB Kogyo Ltd., a manufacturer of high-precision plastic gears, as part of its Management Plan 2030. This acquisition aims to enhance Mabuchi’s ability to offer comprehensive movement solutions by integrating OB Kogyo’s extensive experience and global capabilities in gear manufacturing, thus positioning the company to better meet customer demands for complete unit products.

More about Mabuchi Motor Co

Mabuchi Motor Co., Ltd. operates in the motor industry, specializing in providing movement solutions with a focus on e-MOTO, a concept that combines electric power and motion. The company aims to expand its business domain by offering value-added solutions and actively pursuing mergers and acquisitions.

YTD Price Performance: -3.33%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.75B

For an in-depth examination of 6592 stock, go to TipRanks’ Stock Analysis page.

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