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Premium Group Co., Ltd. ( (JP:7199) ) has provided an announcement.
Premium Group Co., Ltd. has announced a capital and business alliance with ITOCHU Corporation, involving the disposal of treasury shares to ITOCHU. This strategic partnership aims to enhance Premium Group’s growth by leveraging ITOCHU’s market presence and expertise in the mobility sector, both domestically and internationally. The alliance is expected to expand customer touchpoints and services in the used car domain, accelerating the company’s growth strategies and increasing corporate value.
More about Premium Group Co., Ltd.
Premium Group Co., Ltd. operates in the automobile industry, providing a comprehensive range of services related to automobiles. The company is focused on establishing the Car Premium business model to become a leading auto mobility company, as part of its long-term vision.
Average Trading Volume: 207,582
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen92.43B
See more insights into 7199 stock on TipRanks’ Stock Analysis page.