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Toyoda Gosei Completes Tender Offer for Ashimori Industry

Story Highlights
  • Toyoda Gosei operates in the automotive industry, focusing on rubber, plastic parts, and LEDs.
  • Toyoda Gosei now holds 100% voting rights in Ashimori Industry, boosting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toyoda Gosei Completes Tender Offer for Ashimori Industry

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Toyoda Gosei Co ( (JP:7282) ) has issued an update.

Toyoda Gosei Co., Ltd. has announced an amendment to its tender offer for Ashimori Industry Co., Ltd., resulting in a 100% ownership of the company’s voting rights. This strategic move is likely to enhance Toyoda Gosei’s market position and influence in the industry by consolidating its control over Ashimori Industry.

The most recent analyst rating on (JP:7282) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Toyoda Gosei Co stock, see the JP:7282 Stock Forecast page.

More about Toyoda Gosei Co

Toyoda Gosei Co., Ltd. operates in the automotive industry, providing a range of products including rubber and plastic automotive parts, safety systems, and LEDs. The company focuses on innovation and quality to maintain its competitive position in the global market.

YTD Price Performance: 39.68%

Average Trading Volume: 326,377

Technical Sentiment Signal: Buy

Current Market Cap: Yen484.1B

Find detailed analytics on 7282 stock on TipRanks’ Stock Analysis page.

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