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Seika Corporation ( (JP:8061) ) has shared an announcement.
Seika Corporation has completed the acquisition of ASAHI SUNAC CORPORATION, a company specializing in coating equipment and precision systems, for 18,000 million yen. This strategic move is expected to enhance Seika’s market position in the industrial equipment sector, although the financial impact on Seika’s fiscal year results is still under review.
The most recent analyst rating on (JP:8061) stock is a Buy with a Yen2789.00 price target. To see the full list of analyst forecasts on Seika Corporation stock, see the JP:8061 Stock Forecast page.
More about Seika Corporation
Seika Corporation operates in the industrial equipment sector, focusing on the development, manufacture, and sale of various machinery and systems. The company is involved in coating equipment, forging machinery, and precision cleaning/coating systems, catering to a diverse market that requires specialized industrial solutions.
Average Trading Volume: 242,398
Technical Sentiment Signal: Buy
Current Market Cap: Yen87.93B
For a thorough assessment of 8061 stock, go to TipRanks’ Stock Analysis page.