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SCAT Inc. Announces Merger with Subsidiary to Enhance Efficiency

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SCAT Inc. Announces Merger with Subsidiary to Enhance Efficiency

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An update from SCAT Inc. ( (JP:3974) ) is now available.

SCAT Inc. has announced its decision to execute an absorption-type merger with its wholly owned subsidiary, VID Co., Ltd., to streamline operations and unify business management. This merger, planned to be effective from June 1, 2025, will dissolve VID Co., Ltd., allowing SCAT Inc. to consolidate its management resources, aiming to improve efficiency and strengthen its market position in the beauty ICT sector.

More about SCAT Inc.

SCAT Inc. operates in the beauty ICT industry, providing system development, maintenance, and sales of POS systems for beauty salons. The company is listed on the Tokyo Stock Exchange Standard Market and focuses on consolidating management resources within its group to enhance operational efficiency.

YTD Price Performance: 1.27%

Average Trading Volume: 6,543

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen1.76B

Learn more about 3974 stock on TipRanks’ Stock Analysis page.

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