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SHIZUOKA GAS CO. LTD. ( (JP:9543) ) just unveiled an announcement.
Shizuoka Gas Co., Ltd. has completed the acquisition of interests in a shale gas development project in the United States through its newly established subsidiary, Shizugas America. This strategic move is part of the company’s ‘2030 Vision’ to expand its business globally and contribute to a sustainable future. The acquisition, initially priced at $130 million, was finalized at $127 million after adjustments. The impact on the company’s financial results for the fiscal year ending December 2025 is currently under review.
More about SHIZUOKA GAS CO. LTD.
Shizuoka Gas Co., Ltd. operates in the energy sector, focusing on the development and distribution of gas products. The company is expanding its operations internationally, with subsidiaries in Singapore, India, and now the United States, aiming to address global energy challenges and promote sustainability.
Average Trading Volume: 110,830
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen80.85B
For a thorough assessment of 9543 stock, go to TipRanks’ Stock Analysis page.