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WELLNEO SUGAR Co.Ltd. ( (JP:2117) ) has provided an announcement.
WELLNEO SUGAR Co., Ltd. has resolved to conduct an absorption-type merger with its wholly owned subsidiary, Toyo Sugar Refining Co., Ltd., effective October 1, 2026. This strategic move aims to enhance integrated management, improve efficiency, and maximize synergies within the Sugar and Food & Wellness Segments, following the company’s recent acquisition of Toyo Sugar Refining.
More about WELLNEO SUGAR Co.Ltd.
WELLNEO SUGAR Co., Ltd. operates in the sugar and functional ingredients industry, with additional ventures in fitness clubs. The company was established on October 3, 2011, and has a significant market presence with major shareholders including ITOCHU Corporation and Sumitomo Corporation.
Average Trading Volume: 38,501
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen72.37B
For an in-depth examination of 2117 stock, go to TipRanks’ Overview page.