Nitto Kohki Co., Ltd. (JP:6151) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nitto Kohki Co., Ltd. has established a new sales subsidiary in India to capitalize on the country’s growing market, particularly in sectors such as automotive, air conditioning, and medical. The move is aimed at expanding the company’s presence and increasing its market share in India, with the subsidiary expected to begin operations in December 2024. The financial impact on the company’s results for the fiscal year ending March 2025 is expected to be minimal.
For further insights into JP:6151 stock, check out TipRanks’ Stock Analysis page.