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Sekisui Kasei Co., Ltd. ( (JP:4228) ) just unveiled an update.
Sekisui Kasei Co., Ltd. has executed a share transfer agreement with Brose Sitech Foam GmbH, a German subsidiary of Brose Sitech, for the transfer of shares in six subsidiaries owned by Proseat Europe GmbH. This strategic move, subject to EU competition law approval, is expected to result in an extraordinary loss for Sekisui Kasei, impacting its financial statements. The change in transferee from Brose Sitech to its subsidiary was due to Brose Sitech’s decision to establish an intermediate holding company to manage the subsidiaries.
More about Sekisui Kasei Co., Ltd.
Sekisui Kasei Co., Ltd. operates in the chemical industry, focusing on the production of plastic products and materials. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in foam and packaging materials.
Average Trading Volume: 179,350
Technical Sentiment Signal: Sell
Current Market Cap: Yen14.73B
See more data about 4228 stock on TipRanks’ Stock Analysis page.