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SWCC Showa Holdings Co., Ltd. ( (JP:5805) ) has issued an update.
SWCC Corporation has announced its decision to acquire the remaining shares of Showa Furukawa Cable Co., Ltd. (SFCC) from Furukawa Electric Co., Ltd., making SFCC a wholly owned subsidiary. This move aims to enhance SFCC’s competitiveness in a challenging market by focusing management resources and expediting business decisions. The rebranding of SFCC products and continued collaboration with Furukawa Electric are expected to support SFCC’s growth and maintain strong industry relationships.
The most recent analyst rating on (JP:5805) stock is a Buy with a Yen12127.00 price target. To see the full list of analyst forecasts on SWCC Showa Holdings Co., Ltd. stock, see the JP:5805 Stock Forecast page.
More about SWCC Showa Holdings Co., Ltd.
SWCC Showa Holdings Co., Ltd. operates in the electrical equipment industry, focusing on the manufacturing and sale of electric wires and cables. The company targets the construction and electrical equipment markets, providing wire and cable accessories and related materials.
Average Trading Volume: 448,533
Technical Sentiment Signal: Buy
Current Market Cap: Yen304.9B
See more insights into 5805 stock on TipRanks’ Stock Analysis page.