Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Pharma Foods International Co., Ltd. ( (JP:2929) ) is now available.
Pharma Foods International Co., Ltd. announced the execution of a loan agreement by its subsidiary, Meiji Yakuhin Co., Ltd., to finance the construction of a new manufacturing plant. The loan, amounting to JPY 12.3 billion, is arranged by The Bank of Kyoto and co-arranged by THE SHIGA BANK and The Hokuriku Bank, with the company providing a corporate guarantee. The construction is expected to have minimal impact on the company’s financial results for the fiscal year ending July 2026, with any significant future impacts to be disclosed promptly.
More about Pharma Foods International Co., Ltd.
Pharma Foods International Co., Ltd. operates in the pharmaceutical industry, focusing on the development and manufacturing of health-related products. The company is known for its innovative approaches in the sector and has a market focus on expanding its production capabilities.
Average Trading Volume: 133,819
Technical Sentiment Signal: Hold
Current Market Cap: Yen27.03B
See more insights into 2929 stock on TipRanks’ Stock Analysis page.