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Nichirei Corporation ( (JP:2871) ) has shared an update.
Nichirei Corporation announced a merger of its subsidiaries, Nichirei Foods and Nichirei Fresh, with Nichirei Foods as the surviving entity. This strategic move, effective April 1, 2026, aims to integrate procurement to sales functions, including overseas operations, to better address diversifying customer needs and complex social issues, ultimately strengthening profitability and improving capital efficiency.
The most recent analyst rating on (JP:2871) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.
More about Nichirei Corporation
Nichirei Corporation operates in the food industry, focusing on the manufacturing, processing, and sales of frozen and retort packaged foods, as well as packaged ice and other products. The company also deals in marine, meat, and poultry products, including their processed derivatives, with a market focus on leveraging group synergies to enhance profitability and capital efficiency.
Average Trading Volume: 1,325,833
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen508B
See more insights into 2871 stock on TipRanks’ Stock Analysis page.