RAKSUL INC. Acquires Marutama to Expand Market Share

RAKSUL INC. ( (JP:4384) ) has issued an update.

RAKSUL INC. has announced the acquisition of Marutama CO., LTD. and Marutama Wel CO., LTD., making them wholly owned subsidiaries. This strategic move is part of RAKSUL’s medium-term financial policy to enhance its competitive edge and customer value. By acquiring Marutama’s expertise in manufacturing and sales of paper shopping bags, RAKSUL aims to create synergies with its existing packaging materials business, thereby expanding its market share and increasing corporate value.

The most recent analyst rating on (JP:4384) stock is a Hold with a Yen900.00 price target. To see the full list of analyst forecasts on RAKSUL INC. stock, see the JP:4384 Stock Forecast page.

More about RAKSUL INC.

RAKSUL INC. operates in the packaging materials industry, focusing on procurement platforms and enhancing customer value through mergers and acquisitions. The company is known for its competitive edge in the cardboard category and aims to expand its market share by acquiring expertise in paper shopping bags.

YTD Price Performance: -13.37%

Average Trading Volume: 490,989

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen68.28B

For a thorough assessment of 4384 stock, go to TipRanks’ Stock Analysis page.