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Otsuka Holdings Corrects Joint Venture Disclosure

Story Highlights

Otsuka Holdings Co ( (JP:4578) ) just unveiled an update.

Otsuka Holdings Co., Ltd. announced a correction to a previous disclosure regarding the establishment of a joint venture between Otsuka Pharmaceutical Factory, Inc. and ICU Medical. The correction involved an error in the stated capital of ICU Medical, which was initially reported as USD2.04 billion and has been corrected to USD2.45 million. This correction ensures accurate financial reporting and maintains transparency with stakeholders.

More about Otsuka Holdings Co

Otsuka Holdings Co., Ltd. operates in the pharmaceutical industry, focusing on the development and distribution of medical products and services. The company is known for its innovative solutions in healthcare and has a significant presence in the global market.

YTD Price Performance: -12.44%

Average Trading Volume: 148

Technical Sentiment Signal: Sell

Current Market Cap: $25.2B

For detailed information about 4578 stock, go to TipRanks’ Stock Analysis page.

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