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Sala Corporation ( (JP:2734) ) has issued an announcement.
SALA Corporation has announced a strategic alliance with Nihon Agri, Inc., and the establishment of SALA Agri Co., Ltd. to enter the agricultural production sector. This initiative seeks to address challenges in Japan’s agricultural sector, such as aging operators and idle farmland, by engaging in highly profitable agricultural production and distribution. The company plans to focus on kiwi fruit cultivation initially, aiming to expand and contribute to local economies. This move aligns with their strategy to prioritize ‘Food and Agriculture’ as a growth domain, although it is expected to have minimal impact on the fiscal results for the year ending November 30, 2025.
More about Sala Corporation
SALA Corporation operates in the housing and living spaces industry, focusing on developing new businesses and services to address customer needs and social issues. The company aims for significant growth as part of its Fifth Medium-Term Management Plan and 2030 Vision.
YTD Price Performance: -6.46%
Average Trading Volume: 188,037
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen53.46B
See more data about 2734 stock on TipRanks’ Stock Analysis page.