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The latest announcement is out from RS Technologies Co. Ltd. ( (JP:3445) ).
RS Technologies Co., Ltd. has announced the acquisition of a 51% stake in Jiangxi Shinetech Precision Optical Co., Ltd., making it a consolidated subsidiary. This move is part of RS Technologies’ strategy to enter the automotive camera module market, aiming to combine Jiangxi Shinetech’s technological capabilities with its own quality control expertise. The acquisition is expected to strengthen RS Technologies’ business foundation and support global expansion, particularly in the automotive sector.
The most recent analyst rating on (JP:3445) stock is a Buy with a Yen3526.00 price target. To see the full list of analyst forecasts on RS Technologies Co. Ltd. stock, see the JP:3445 Stock Forecast page.
More about RS Technologies Co. Ltd.
RS Technologies Co., Ltd. operates in the technology sector, focusing on manufacturing and sales of optical devices. The company is expanding into the automotive camera module market, leveraging its expertise in quality control and global sales channels.
Average Trading Volume: 115,893
Technical Sentiment Signal: Buy
Current Market Cap: Yen102.3B
See more data about 3445 stock on TipRanks’ Stock Analysis page.