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Trial Holdings Inc. ( (JP:141A) ) just unveiled an announcement.
TRIAL Holdings, Inc. has announced its decision to acquire all shares of Seiyu Co., Ltd., making it a wholly owned subsidiary. This acquisition aims to expand TRIAL’s business foundation beyond Kyushu into densely populated areas like Kanto, Chubu, and Kansai, boosting consolidated sales to over 1 trillion yen. The acquisition is expected to enhance TRIAL’s food offerings, optimize production and logistics, and create synergies in e-commerce and retail AI, ultimately increasing corporate value and transforming the distribution industry.
More about Trial Holdings Inc.
TRIAL Holdings, Inc. operates in the distribution and retail industry, focusing on discount stores primarily in the Kyushu area. The company leverages digital technologies such as IoT and AI to promote digital transformation in the retail sector, with a strong emphasis on cost leadership and customer appeal through its Every Day Low Price strategy.
YTD Price Performance: -32.84%
Average Trading Volume: 956,075
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: Yen221.7B
See more insights into 141A stock on TipRanks’ Stock Analysis page.