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Nitori Holdings Boosts Capital in Indonesian Subsidiary

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Nitori Holdings Boosts Capital in Indonesian Subsidiary

An announcement from Nitori Holdings Co ( (JP:9843) ) is now available.

Nitori Holdings Co., Ltd. announced an increase in capital for its subsidiary, PT NITORI TRADING INDONESIA, to strengthen its business foundation and expand sales in Indonesia. This move will make the subsidiary a specified subsidiary, although the impact on the company’s consolidated financial results is expected to be minimal.

More about Nitori Holdings Co

Nitori Holdings Co., Ltd. operates in the retail industry, focusing on furniture and interior goods. The company is known for its import agency services and has a significant market presence in Japan and expanding interests in Indonesia.

YTD Price Performance: -12.11%

Average Trading Volume: 623

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.87B

See more insights into 9843 stock on TipRanks’ Stock Analysis page.

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