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Wacoal Holdings Transfers Insurance Business to Streamline Operations

Wacoal Holdings Transfers Insurance Business to Streamline Operations

WACOAL HOLDINGS (JP:3591) has released an update.

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Wacoal Holdings Corp. has announced the transfer of its insurance agency business from its subsidiary Wacoal Service Co., Ltd. to MST Insurance Service Co., Ltd. and JALUX Insurance and Service Inc. The move is part of Wacoal’s strategy to enhance operational efficiency and focus on providing a broader range of insurance products to policyholders. This transfer is expected to have a minimal impact on the company’s consolidated results.

For further insights into JP:3591 stock, check out TipRanks’ Stock Analysis page.

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