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Satori Electric Co., Ltd. ( (JP:7420) ) has issued an update.
Satori Electric Co., Ltd. has approved an absorption-type merger of its wholly owned subsidiary Satori Pinics Co., Ltd., with Satori Electric as the surviving entity and the merger scheduled to take effect on June 1, 2026, following shareholder approval in April. By integrating Satori Pinics, which mainly sells Panasonic Group products, into the parent company, Satori aims to centralize customer contact points, offer one-stop services, and enhance demand creation by bundling Panasonic products with other manufacturers’ offerings; the transaction will not involve new share issuance or capital increases and is expected to have only a minimal impact on the company’s consolidated financial results while streamlining operations and strengthening its market positioning in electronic components distribution.
The most recent analyst rating on (JP:7420) stock is a Buy with a Yen2103.00 price target. To see the full list of analyst forecasts on Satori Electric Co., Ltd. stock, see the JP:7420 Stock Forecast page.
More about Satori Electric Co., Ltd.
Satori Electric Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, is an electronics distributor specializing in integrated circuits, discrete semiconductors, general electronic components and equipment, and related businesses. Through its group companies, including Satori Pinics Co., Ltd., it serves industrial customers by supplying a broad range of electronic parts and control components, with a notable focus on products from major manufacturers such as the Panasonic Group.
Average Trading Volume: 70,228
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen27.19B
For an in-depth examination of 7420 stock, go to TipRanks’ Overview page.