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Mabuchi Motor Co ( (JP:6592) ) has provided an update.
Mabuchi Motor Co., Ltd. has completed the acquisition of the small motor business from Oki Micro Engineering Co., Ltd. and launched a new company named Mabuchi Motor Micro Tech Co., Ltd. This strategic move is expected to create synergies by combining the technological expertise and product lines of both companies, potentially leading to new business opportunities and market expansion. The transaction is anticipated to have a limited impact on Mabuchi’s consolidated performance for the current fiscal year.
The most recent analyst rating on (JP:6592) stock is a Sell with a Yen2300.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
More about Mabuchi Motor Co
Mabuchi Motor Co., Ltd. operates in the motor manufacturing industry, focusing on producing small motors for various applications, including IT equipment, amusement equipment, and gas equipment. The company aims to leverage its technology, sales channels, and customer base to expand its market presence and develop new products.
Average Trading Volume: 367,550
Technical Sentiment Signal: Hold
Current Market Cap: Yen271.1B
See more data about 6592 stock on TipRanks’ Stock Analysis page.