tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sanyo Denki Establishes New Subsidiary in Vietnam to Boost Global Operations

Story Highlights
Sanyo Denki Establishes New Subsidiary in Vietnam to Boost Global Operations

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest announcement is out from Sanyo Denki Co., Ltd. ( (JP:6516) ).

Sanyo Denki Co., Ltd. has announced the establishment of a wholly owned subsidiary in Vietnam, named SANYO DENKI VIETNAM CO., LTD., as part of its 9th Medium-Term Management Plan. This move is intended to enhance business agility, create synergies among group sites, and strengthen the company’s competitiveness by enabling swift decision-making and flexible management in the local market. The impact on the company’s consolidated results for the fiscal year ending March 2026 is expected to be minor.

The most recent analyst rating on (JP:6516) stock is a Buy with a Yen4595.00 price target. To see the full list of analyst forecasts on Sanyo Denki Co., Ltd. stock, see the JP:6516 Stock Forecast page.

More about Sanyo Denki Co., Ltd.

Sanyo Denki Co., Ltd. operates in the electronics industry, primarily focusing on the manufacture of cooling fans, servo motors, and stepping motors. The company aims to deliver high-quality products and services to customers worldwide, with a strategic focus on enhancing production capabilities and meeting global customer needs.

Average Trading Volume: 77,575

Technical Sentiment Signal: Buy

Current Market Cap: Yen156.6B

For detailed information about 6516 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1