tiprankstipranks
Company Announcements

Noritake Co. Ltd. Announces Strategic Company Split to Enhance Profitability

Story Highlights
Noritake Co. Ltd. Announces Strategic Company Split to Enhance Profitability

Discover the Best Stocks and Maximize Your Portfolio:

An update from Noritake Co.,Limited ( (JP:5331) ) is now available.

Noritake Co., Limited has announced a company split, transferring its thick film circuit substrate, decalcomania paper, and vacuum fluorescent display businesses to its subsidiary, NORITAKE ITRON CORPORATION. This strategic move aligns with Noritake’s three-year business plan to enhance profitability by reorganizing its business portfolio around its core printing technology, aiming for more efficient operations and a stronger market position.

More about Noritake Co.,Limited

Noritake Co., Limited operates in the industrial and ceramics sector, producing a range of products including grinding wheels, ceramic-related items, industrial furnaces, and porcelain ware. The company is also involved in the manufacture and sale of electronic display systems.

YTD Price Performance: -2.52%

Average Trading Volume: 4

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €686.5M

See more insights into 5331 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1