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MIRAIT ONE Corporation Consolidates Subsidiaries

MIRAIT ONE Corporation Consolidates Subsidiaries

Mirait Holdings Corporation (JP:1417) has released an update.

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MIRAIT ONE Corporation has announced the merger of five of its wholly-owned subsidiaries to form a more unified governance structure, aiming to improve productivity and expand new business areas in communications infrastructure. Tohoken System Engineering Corp. will be the surviving entity in this absorption-type merger, effective January 1, 2025. The move is expected to streamline operations within the NTT business and leverage collective expertise without involving share issuance or cash exchange.

For further insights into JP:1417 stock, check out TipRanks’ Stock Analysis page.

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