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An update from Sanyo Trading Co., Ltd. ( (JP:3176) ) is now available.
Sanyo Trading Co., Ltd. has announced the acquisition of Kyushu Mitaka Co., Ltd. by its subsidiary YPTECH CO., LTD. This strategic move is intended to enhance YPTECH’s capabilities in the livestock-related business by combining its feed business with Kyushu Mitaka’s expertise in veterinary pharmaceuticals. The acquisition aligns with Sanyo Trading’s strategy to bolster its earnings base and improve service offerings, although the immediate financial impact is expected to be minor.
The most recent analyst rating on (JP:3176) stock is a Buy with a Yen1651.00 price target. To see the full list of analyst forecasts on Sanyo Trading Co., Ltd. stock, see the JP:3176 Stock Forecast page.
More about Sanyo Trading Co., Ltd.
Sanyo Trading Co., Ltd. operates in the trading industry, focusing on the distribution of various products including veterinary pharmaceuticals and functional feeds. The company aims to strengthen its earnings base as part of its long-term management plan, Sanyo Vision 2028.
Average Trading Volume: 43,626
Technical Sentiment Signal: Buy
Current Market Cap: Yen45.65B
Find detailed analytics on 3176 stock on TipRanks’ Stock Analysis page.