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Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ) has provided an announcement.
Nissei Plastic Industrial Co., Ltd. and TOYO INNOVEX Co., Ltd. have announced a business integration to form a joint holding company, GMS Group Co., Ltd., through a share transfer effective April 1, 2026. This strategic move aims to leverage the strengths of both companies, enhance their market positioning, and drive innovation in the plastics and industrial machinery sectors, pending shareholder and regulatory approvals.
The most recent analyst rating on (JP:6293) stock is a Hold with a Yen843.00 price target. To see the full list of analyst forecasts on Nissei Plastic Industrial Co., Ltd. stock, see the JP:6293 Stock Forecast page.
More about Nissei Plastic Industrial Co., Ltd.
Nissei Plastic Industrial Co., Ltd. is a specialized manufacturer in the plastic industry, focusing on the production and sale of injection molding machines. With a global presence, Nissei operates manufacturing bases in Japan, China, Thailand, the United States, and Italy, and plans to expand to India. The company aims to enhance global management, human capital, and product innovation through digital transformation. TOYO INNOVEX Co., Ltd. has a long history in industrial machinery manufacturing, producing injection molding and die casting machines, with a focus on molding innovation and customer value.
Average Trading Volume: 28,739
Technical Sentiment Signal: Sell
Current Market Cap: Yen16.73B
See more insights into 6293 stock on TipRanks’ Stock Analysis page.