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Maruichi Steel Tube Ltd. to Fully Acquire Subsidiary Maruichi Kohan Ltd.

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Maruichi Steel Tube Ltd. to Fully Acquire Subsidiary Maruichi Kohan Ltd.

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Maruichi Steel Tube Ltd. ( (JP:5463) ) has provided an announcement.

Maruichi Steel Tube Ltd. announced its decision to make Maruichi Kohan Ltd. a wholly owned subsidiary through a simplified share exchange. This move is part of the company’s MARUICHI 2030 VISION, aiming to streamline decision-making and stabilize management, thereby enhancing the corporate value and efficiency of its group management structure.

The most recent analyst rating on (JP:5463) stock is a Buy with a Yen3854.00 price target. To see the full list of analyst forecasts on Maruichi Steel Tube Ltd. stock, see the JP:5463 Stock Forecast page.

More about Maruichi Steel Tube Ltd.

Maruichi Steel Tube Ltd. operates in the steel industry, focusing on the production and distribution of steel tubes. The company is listed on the Tokyo Stock Exchange Prime Market and aims to enhance its market position through strategic organizational restructuring.

Average Trading Volume: 161,144

Technical Sentiment Signal: Buy

Current Market Cap: Yen277.8B

For detailed information about 5463 stock, go to TipRanks’ Stock Analysis page.

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