tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OMRON Plans Spin-Off of Device & Module Solutions Business

Story Highlights
OMRON Plans Spin-Off of Device & Module Solutions Business

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OMRON ( (JP:6645) ) has issued an update.

OMRON Corporation’s Board of Directors has initiated discussions to spin off its Device & Module Solutions Business (DMB) by April 1, 2026. This move aims to establish an independent management structure for DMB to enhance agility, cost-competitiveness, and investment in new product development, amidst growing market demand and competitive pressures.

The most recent analyst rating on (JP:6645) stock is a Buy with a Yen4232.00 price target. To see the full list of analyst forecasts on OMRON stock, see the JP:6645 Stock Forecast page.

More about OMRON

OMRON Corporation operates in the electronics industry, primarily focusing on the production of relays, switches, connectors, and other core electronic components. The company has a history of spinning off various business units to enhance market responsiveness and decision-making speed, thereby strengthening competitiveness and increasing corporate value.

Average Trading Volume: 2,065,648

Technical Sentiment Signal: Sell

Current Market Cap: Yen788.1B

See more data about 6645 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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