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Wacoal Holdings Announces Asset Transfer to Promote Asset-Light Strategy

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Wacoal Holdings Announces Asset Transfer to Promote Asset-Light Strategy

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An announcement from WACOAL HOLDINGS ( (JP:3591) ) is now available.

Wacoal Holdings Corp. has resolved to transfer a fixed asset, the Shin-Kyoto Building, as part of its strategy to promote an asset-light business model. This transaction is expected to generate other income in the first quarter of the fiscal year ending March 2026, with minimal impact on the financial results for the fiscal year ending March 2025.

More about WACOAL HOLDINGS

Wacoal Holdings Corp. operates in the apparel industry, primarily focusing on the production and sale of intimate apparel and related products. The company is known for its high-quality lingerie and has a significant market presence in both domestic and international markets.

YTD Price Performance: 1.92%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.92B

See more insights into 3591 stock on TipRanks’ Stock Analysis page.

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