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Pacific Industrial Co., Ltd. ( (JP:7250) ) has shared an announcement.
Pacific Industrial Co., Ltd. has decided to dissolve and liquidate its subsidiary, Changsha Pacific Hanya Auto Parts Co., Ltd., in response to market trends in China. This move aims to reorganize the company’s business structure in China, enhancing management resource efficiency and corporate value. The financial impact of this decision is expected to be minimal, with the liquidation process pending completion of necessary legal procedures.
More about Pacific Industrial Co., Ltd.
Pacific Industrial Co., Ltd. operates in the automotive industry, focusing on the manufacture and sale of automotive plastic products. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
Average Trading Volume: 111,736
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen88.51B
See more insights into 7250 stock on TipRanks’ Stock Analysis page.