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Marumae Co., Ltd. ( (JP:6264) ) has shared an update.
Marumae Co., Ltd. has successfully completed the acquisition of KM Aluminium Co., Ltd., making it a subsidiary through KMX Co., Ltd., a special purpose company fully funded by Marumae. This acquisition is expected to enhance Marumae’s operational capabilities and market positioning in the aluminum manufacturing sector. The company is currently evaluating the financial impact of this acquisition and plans to release consolidated financial statements starting from the third quarter of the fiscal year ending August 2025.
More about Marumae Co., Ltd.
Marumae Co., Ltd. operates in the manufacturing industry, focusing on the production and sale of aluminum products such as ingots, billets, slabs, alloys, and high-purity aluminum ingots. The company is strategically positioned in the market with a focus on expanding its capabilities and market reach.
YTD Price Performance: -44.29%
Average Trading Volume: 144,945
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen14.72B
See more insights into 6264 stock on TipRanks’ Stock Analysis page.