Tosoh Expands with New Vietnamese Subsidiary

Tosoh ( (JP:4042) ) has provided an announcement.

Tosoh Corporation has established a new subsidiary, Tosoh Vietnam Polyurethane Co., Ltd, in Vietnam, which will focus on the separation and purification of MDI intermediate materials and sales of MDI products. This subsidiary is wholly owned by Tosoh and represents a strategic expansion in Asia, although it will not impact the company’s consolidated financial results for the fiscal year ending March 2025.

The most recent analyst rating on (JP:4042) stock is a Hold with a Yen1910.00 price target. To see the full list of analyst forecasts on Tosoh stock, see the JP:4042 Stock Forecast page.

More about Tosoh

Tosoh Corporation operates in the chemical industry, focusing on the production and sale of various chemical products. The company is known for its specialization in materials such as MDI, which is used in the production of polyurethane products. Tosoh has a market focus on expanding its operations in Asia, as evidenced by its recent establishment of a subsidiary in Vietnam.

Average Trading Volume: 1,075,060

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen655.5B

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