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NHK Spring Exits Chemical Products Business

NHK Spring Exits Chemical Products Business

NHK Spring Co., Ltd. (JP:5991) has released an update.

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NHK Spring Co., Ltd. is set to terminate its chemical products business, transferring its operations to Toyo Quality One Corporation. This strategic move, effective from April 2025, is not expected to impact NHK Spring’s financial forecasts significantly. The company has expressed gratitude to its supporters as it pivots away from manufacturing polyurethane foam products.

For further insights into JP:5991 stock, check out TipRanks’ Stock Analysis page.

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