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An announcement from Nippon Pillar Packing Co., Ltd. ( (JP:6490) ) is now available.
PILLAR Corporation has announced the establishment of a new subsidiary in Malaysia, named PILLAR Malaysia Sdn. Bhd., as part of its strategy to strengthen its global supply network. This move aligns with the growing significance of Malaysia as a manufacturing hub in Asia, particularly in the semiconductor sector, and aims to boost the company’s competitiveness and responsiveness to market demands. The financial impact on the company’s results for the fiscal year ending March 31, 2026, is expected to be minimal.
The most recent analyst rating on (JP:6490) stock is a Buy with a Yen5277.00 price target. To see the full list of analyst forecasts on Nippon Pillar Packing Co., Ltd. stock, see the JP:6490 Stock Forecast page.
More about Nippon Pillar Packing Co., Ltd.
PILLAR Corporation operates in the manufacturing industry, focusing on the production and sale of fluororesin tubes and products. The company is involved in the semiconductor-related markets, aiming to enhance its global supply network and competitiveness.
Average Trading Volume: 73,883
Technical Sentiment Signal: Buy
Current Market Cap: Yen120.6B
See more data about 6490 stock on TipRanks’ Stock Analysis page.