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Nippon Suisan Kaisha ( (JP:1332) ) has provided an update.
Nissui Corporation has approved an absorption-type company split under which it will transfer the rights, facilities, and obligations related to its salmon aquaculture commercialization trial in Rikuzentakata City, Iwate Prefecture, to its wholly owned subsidiary Yumigahama Suisan Kaisha, effective April 1, 2026. By consolidating these trial operations into the specialized aquaculture subsidiary, the company aims to smoothly transition to full-scale commercial production, expand output, and move the salmon farming business to profitability, without changes to Nissui’s capital structure or the need for shareholder approval, thereby streamlining governance while reinforcing its position in the aquaculture segment.
The most recent analyst rating on (JP:1332) stock is a Buy with a Yen1336.00 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 is a Japan-based marine products company engaged in the manufacturing and sale of seafood, processed foods, and pharmaceutical raw materials. Through subsidiaries such as Yumigahama Suisan Kaisha, it also operates aquaculture businesses, including coho salmon farming and marine product processing, serving both domestic and international markets.
YTD Price Performance: 7.52%
Average Trading Volume: 1,533,377
Technical Sentiment Signal: Buy
Current Market Cap: Yen382.8B
See more data about 1332 stock on TipRanks’ Stock Analysis page.