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An update from Mitsuba Corporation ( (JP:7280) ) is now available.
Mitsuba Corporation has announced its decision to acquire full ownership of PT. Mitsuba Indonesia, a joint venture previously shared with the Honda Group. This strategic move aims to streamline group management and accelerate decision-making processes, although it is expected to have an insignificant impact on the company’s consolidated financial results.
More about Mitsuba Corporation
Mitsuba Corporation operates in the automotive industry, primarily focusing on the manufacture and sale of motorcycle and automobile parts. The company is listed on the Prime Market of the Tokyo Stock Exchange and has a significant market presence in Asia.
YTD Price Performance: -19.86%
Average Trading Volume: 149,041
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen34.87B
See more insights into 7280 stock on TipRanks’ Stock Analysis page.