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The latest announcement is out from Starzen Company Limited ( (JP:8043) ).
Starzen Co., Ltd. has completed the acquisition of YORKRANGE Pty Ltd, an Australian company involved in cattle fattening farm operations, converting it into a subsidiary. This strategic move is part of Starzen’s medium-term management plan to expand its overseas business and strengthen its supply chain, aiming to enhance the quality and value of its beef products. Although the immediate financial impact is expected to be minimal, the acquisition is anticipated to improve customer satisfaction and bolster the company’s market position.
More about Starzen Company Limited
Starzen Co., Ltd. operates in the meat industry, focusing on sourcing and selling beef, including Australian Wagyu beef. The company is committed to expanding its business overseas and enhancing its supply chain to improve product quality and customer satisfaction.
YTD Price Performance: 4.14%
Average Trading Volume: 267,915
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen56.77B
See more data about 8043 stock on TipRanks’ Stock Analysis page.