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Sumida Corporation Completes Share Acquisition of Schmidbauer

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Sumida Corporation Completes Share Acquisition of Schmidbauer

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An update from Sumida Corporation ( (JP:6817) ) is now available.

Sumida Corporation has completed the payment procedures for acquiring shares of Schmidbauer Transformatoren- und Gerätebau GmbH through its European subsidiary. The acquisition is expected to have a limited impact on Sumida’s consolidated business performance, and the company will continue to monitor and disclose any significant developments.

The most recent analyst rating on (JP:6817) stock is a Buy with a Yen1162.00 price target. To see the full list of analyst forecasts on Sumida Corporation stock, see the JP:6817 Stock Forecast page.

More about Sumida Corporation

Sumida Corporation operates in the electronics industry, focusing on the production and supply of electronic components. The company primarily deals with inductors, transformers, and other related products, catering to a global market with a strong presence in the automotive and industrial sectors.

Average Trading Volume: 244,842

Technical Sentiment Signal: Buy

Current Market Cap: Yen36.21B

For a thorough assessment of 6817 stock, go to TipRanks’ Stock Analysis page.

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