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SPACE CO., LTD. Expands into Vietnam with New Subsidiary

Story Highlights
  • SPACE CO., LTD. establishes a subsidiary in Vietnam to expand its ASEAN market presence.
  • The new subsidiary aligns with the company’s strategy, with minimal immediate business impact expected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SPACE CO., LTD. Expands into Vietnam with New Subsidiary

The latest announcement is out from SPACE CO., LTD. ( (JP:9622) ).

SPACE CO., LTD. has established a wholly-owned subsidiary in Vietnam, named SPACE JAPAN(VN) CO.,LTD., as part of its strategy to strengthen group synergy and expand its business foundation in the ASEAN market. This move aligns with the company’s medium-term management plan to cultivate new business bases overseas, although the immediate impact on its consolidated business performance is expected to be minimal.

More about SPACE CO., LTD.

SPACE CO., LTD. operates in the commercial facilities sector, focusing on planning, consulting, design, supervision, and construction, as well as the production, import, and export of display fixtures and furniture. The company is expanding its market focus to include overseas markets, particularly in the ASEAN region.

YTD Price Performance: -0.89%

Average Trading Volume: 31,114

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen28.17B

For an in-depth examination of 9622 stock, go to TipRanks’ Stock Analysis page.

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