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Tsubaki Nakashima Co., Ltd ( (JP:6464) ) has shared an update.
Tsubaki Nakashima Co., Ltd. announced a strategic restructuring involving the creation of a new subsidiary, TN Linear Motion Inc., to manage its ball screws and ball ways business. This move, part of a larger transaction with MINEBEA MITSUMI Inc., was initially postponed due to quality inspection issues but is now set to proceed with a new execution date of October 3, 2025, following a mutual agreement on addressing previous concerns.
More about Tsubaki Nakashima Co., Ltd
Tsubaki Nakashima Co., Ltd. operates in the manufacturing industry, focusing on producing ball screws and ball ways. The company is listed on the Tokyo Stock Exchange and has a market focus on precision machinery components.
Average Trading Volume: 216,304
Technical Sentiment Signal: Sell
Current Market Cap: Yen14.04B
For a thorough assessment of 6464 stock, go to TipRanks’ Stock Analysis page.