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Maxell, Ltd. ( (JP:6810) ) has issued an update.
Maxell, Ltd. has announced its acquisition of the micro primary battery business from Murata Manufacturing Co., Ltd. and Tohoku Murata Manufacturing Co., Ltd. This strategic move aligns with Maxell’s mid-term management plan to reform its business portfolio by focusing on high-growth and profitable sectors. The acquisition is expected to generate significant synergies, boosting technological development, productivity, and sales channels, with an anticipated increase in annual net sales by approximately 10 billion yen.
The most recent analyst rating on (JP:6810) stock is a Sell with a Yen1700.00 price target. To see the full list of analyst forecasts on Maxell, Ltd. stock, see the JP:6810 Stock Forecast page.
More about Maxell, Ltd.
Maxell, Ltd. operates in the energy sector, focusing on the production of batteries and other energy-related products. The company is shifting its focus towards primary batteries for automotive and medical applications, aiming to enhance growth and profitability.
Average Trading Volume: 132,222
Technical Sentiment Signal: Buy
Current Market Cap: Yen75.42B
For detailed information about 6810 stock, go to TipRanks’ Stock Analysis page.