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V Technology Co., Ltd. Announces Subsidiary Merger to Enhance Efficiency

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V Technology Co., Ltd. Announces Subsidiary Merger to Enhance Efficiency

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V-Technology Co ( (JP:7717) ) just unveiled an announcement.

V Technology Co., Ltd. announced an absorption-type merger of its wholly owned subsidiaries, VET Co., Ltd. and Lumiotec Inc., with VET as the surviving entity. This strategic move is intended to streamline operations, boost competitiveness, and maximize synergies within the group, with minimal expected impact on the company’s financial results.

The most recent analyst rating on (JP:7717) stock is a Buy with a Yen3700.00 price target. To see the full list of analyst forecasts on V-Technology Co stock, see the JP:7717 Stock Forecast page.

More about V-Technology Co

V Technology Co., Ltd. operates in the technology industry, focusing on the development, manufacturing, and sales of products such as evaporation masks and lighting fixtures using organic electro-luminescence. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance management efficiency and business competitiveness.

Average Trading Volume: 110,906

Technical Sentiment Signal: Buy

Current Market Cap: Yen28.19B

Learn more about 7717 stock on TipRanks’ Stock Analysis page.

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