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Nippon Suisan Kaisha ( (JP:1332) ) has issued an announcement.
Nissui Corporation has announced the acquisition of all shares of PESQUERA Y ADRAN S.A. through its subsidiary SALMONES ANTARTICA S.A., making it a wholly owned subsidiary. This strategic move is part of Nissui’s long-term vision to enhance its aquaculture business, particularly in the salmon farming sector, and expand its operations in Chile. The acquisition is expected to create synergies, improve operational efficiency, and strengthen Nissui’s market position in the global salmon industry.
The most recent analyst rating on (JP:1332) stock is a Buy with a Yen1360.00 price target. To see the full list of analyst forecasts on Nippon Suisan Kaisha stock, see the JP:1332 Stock Forecast page.
More about Nippon Suisan Kaisha
Nissui Corporation, also known as Nippon Suisan Kaisha, operates in the food and marine products industry. The company focuses on a balanced business portfolio that includes food products, marine products, aquaculture, and fine chemicals. It aims to strengthen its aquaculture business, which is a key growth area, to improve profitability across the Nissui Group.
Average Trading Volume: 1,375,413
Technical Sentiment Signal: Buy
Current Market Cap: Yen374.1B
See more data about 1332 stock on TipRanks’ Stock Analysis page.