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Meiwa Corporation ( (JP:8103) ) just unveiled an update.
MEIWA CORPORATION has announced its decision to acquire shares of Takaroku Corporation, making it a subsidiary. This strategic move aims to enhance MEIWA’s competitiveness by leveraging Takaroku’s expertise in synthetic resins, particularly in recycling and compound manufacturing. The acquisition is expected to strengthen MEIWA’s supply chain, promote circular economy initiatives, and increase corporate value through environmentally friendly solutions.
More about Meiwa Corporation
MEIWA CORPORATION is a specialized trading company focused on chemical products, particularly in the resource and environmental business. Its primary offerings include flame retardants, functional building materials, petroleum products, high-performance materials, functional chemicals, synthetic resins, and automotive and battery materials. The company is committed to reducing environmental impact and promoting environmentally friendly solutions, such as biomass and recycled plastics.
Average Trading Volume: 109,109
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen27.37B
For an in-depth examination of 8103 stock, go to TipRanks’ Overview page.