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Unicharm Strengthens Philippine Subsidiary with Capital Increase

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Unicharm Strengthens Philippine Subsidiary with Capital Increase

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Unicharm ( (JP:8113) ) just unveiled an announcement.

Unicharm Corporation has announced a capital increase for its subsidiary, UNICHARM (PHILIPPINES) CORP., which will result in the subsidiary becoming a specified subsidiary. This move is aimed at strengthening the financial foundation of the Philippine subsidiary, which has been experiencing financial challenges. Despite the capital increase, the impact on Unicharm’s consolidated financial results is expected to be negligible.

The most recent analyst rating on (JP:8113) stock is a Buy with a Yen5100.00 price target. To see the full list of analyst forecasts on Unicharm stock, see the JP:8113 Stock Forecast page.

More about Unicharm

Unicharm Corporation is a prominent player in the personal care industry, primarily focusing on the production and sale of baby care and feminine care products. The company operates globally, with a significant market presence in various countries, including the Philippines.

YTD Price Performance: -16.47%

Average Trading Volume: 5,400,808

Technical Sentiment Signal: Sell

Current Market Cap: Yen1988.9B

For detailed information about 8113 stock, go to TipRanks’ Stock Analysis page.

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