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MIDAC HOLDINGS CO. LTD. ( (JP:6564) ) has issued an update.
MIDAC HOLDINGS’ consolidated subsidiary MIDAC has obtained industrial waste treatment business licenses for its new Miyakoda Techno Plant water treatment facility in Hamamatsu, Shizuoka, clearing the way to begin operations in April 2026. The plant will boost treatment capacity, address aging infrastructure, and add advanced methods such as oxidation-reduction, enhancing the group’s ability to process a wide range of hazardous and non-hazardous industrial waste, with financial impacts to be reflected in the fiscal year ending March 31, 2027.
The facility is licensed as an intermediate water treatment plant handling waste acid, alkali, sludge, waste oil and specified hazardous wastes containing substances such as mercury, cadmium, lead and hexavalent chromium, using dewatering, neutralization, cyanide decomposition and oil–water separation processes. By expanding permitted capabilities and modernizing treatment infrastructure, MIDAC strengthens its regulatory compliance profile and competitive position in Japan’s industrial waste management market, while signaling increased capacity to support industrial customers’ environmental risk management needs.
The most recent analyst rating on (JP:6564) stock is a Hold with a Yen2241.00 price target. To see the full list of analyst forecasts on MIDAC HOLDINGS CO. LTD. stock, see the JP:6564 Stock Forecast page.
More about MIDAC HOLDINGS CO. LTD.
MIDAC HOLDINGS CO., LTD. operates in the industrial waste treatment and environmental services industry, focusing on water treatment and intermediate treatment of hazardous and non-hazardous industrial waste. Through its consolidated subsidiary MIDAC, the company handles waste acids, alkalis, sludge, waste oil and specially controlled hazardous substances, serving industrial clients in Japan with compliance-focused treatment capacity.
Average Trading Volume: 73,063
Technical Sentiment Signal: Hold
Current Market Cap: Yen52.43B
For detailed information about 6564 stock, go to TipRanks’ Stock Analysis page.