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Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ) has provided an announcement.
NISSEI PLASTIC INDUSTRIAL CO., LTD. has obtained shareholder approval to integrate its business with TOYO INNOVEX Co., Ltd. via a joint share transfer, creating GMS Group Co., Ltd. as a new holding company that will become the wholly owning parent of both firms on April 1, 2026. In connection with this restructuring, shareholders also approved partial amendments to Nissei’s Articles of Incorporation, effective March 31, 2026, primarily to adjust provisions such as the record date for the annual general meeting, aligning the company’s governance framework with the forthcoming holding company structure and signaling a significant reorganization of its corporate group and capital structure for investors and other stakeholders.
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 Japanese manufacturer in the plastics and molding machinery industry, listed on the TSE Prime and NSE Premier markets under securities code 6293. The company focuses on plastic injection molding equipment and related solutions for industrial customers in Japan and overseas.
Average Trading Volume: 43,976
Technical Sentiment Signal: Buy
Current Market Cap: Yen16.87B
For an in-depth examination of 6293 stock, go to TipRanks’ Overview page.