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Toyoda Gosei Expands North American Operations with TAPEX Subsidiary Transfer

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Toyoda Gosei Expands North American Operations with TAPEX Subsidiary Transfer

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

Toyoda Gosei Co., Ltd. has announced the transfer of shares to its subsidiary, TAPEX Mexicana, S.A. de C.V., to bolster its safety systems production capacity in North America. This move will result in TAPEX becoming a specified company, with its capital exceeding 10% of Toyoda Gosei’s capital, indicating a strategic focus on expanding its market influence and operational capabilities in the region.

The most recent analyst rating on (JP:7282) stock is a Hold with a Yen3704.00 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, specializing in the manufacture and sale of automotive parts, particularly safety systems. The company has a significant market presence in North America, focusing on enhancing its production capabilities in this region.

Average Trading Volume: 1,235,910

Technical Sentiment Signal: Buy

Current Market Cap: Yen464.8B

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

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