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Sankyo Tateyama, Inc. ( (JP:5932) ) has provided an update.
Sankyo Tateyama, Inc. announced a restructuring of its European subsidiaries, specifically revising the terms of a real estate sales agreement involving its Bonn Plant in Germany. The changes include a new transferee, Univers Holding GmbH, and a slight reduction in the area of land and expected gain on transfer. The transaction is expected to result in a gain of approximately 1,900 million yen in the fiscal year ending May 31, 2026, reflecting the company’s strategic adjustments in its European operations.
More about Sankyo Tateyama, Inc.
Sankyo Tateyama, Inc. operates in the manufacturing industry, focusing on products and services related to real estate and construction. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in various international operations, including its European subsidiaries.
Average Trading Volume: 50,418
Technical Sentiment Signal: Sell
Current Market Cap: Yen20.23B
Learn more about 5932 stock on TipRanks’ Stock Analysis page.