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Osaka Organic Chemical Industry Ltd. ( (JP:4187) ) has issued an update.
Osaka Organic Chemical Industry Ltd. has finalized a joint venture agreement with SHIN-NAKAMURA CHEMICAL Co., Ltd. to establish Visnex Chemicals Corporation in New Jersey, USA. This joint venture aims to enhance the sales of specialty acrylic acid esters in the U.S. market, aligning with the company’s medium-term management plan, Progress & Development 2030. The joint venture will be 70% owned by Osaka Organic Chemical Industry Ltd. and 30% by SHIN-NAKAMURA CHEMICAL Co., Ltd., with an expected negligible impact on the company’s financial results for the fiscal year ending November 30, 2025.
The most recent analyst rating on (JP:4187) stock is a Buy with a Yen3208.00 price target. To see the full list of analyst forecasts on Osaka Organic Chemical Industry Ltd. stock, see the JP:4187 Stock Forecast page.
More about Osaka Organic Chemical Industry Ltd.
Osaka Organic Chemical Industry Ltd. operates in the chemical industry, focusing on the manufacture and sale of specialty acrylic acid esters. These esters are used in various applications such as coatings, adhesives, inks, electronic materials, and cosmetics. The company is actively expanding its business globally, with a particular emphasis on strengthening its presence in overseas markets.
Average Trading Volume: 85,936
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen66.68B
See more data about 4187 stock on TipRanks’ Stock Analysis page.