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The latest update is out from Yamashin-Filter Corp. ( (JP:6240) ).
Yamashin-Filter Corp. has decided to maintain its existing subsidiary in China, Yamashin Filter (SIP) Inc., as a sales base instead of dissolving it, which was previously planned. The newly established subsidiary, Yamashin Filter (Shanghai) Co., Ltd., will be dissolved and liquidated due to a more rational approach after reviewing China’s corporate and tax laws. This restructuring is expected to have minimal impact on the company’s financial results for the year ending March 2026.
More about Yamashin-Filter Corp.
Yamashin-Filter Corp. operates in the filtration industry, focusing on the production and sales of filters and purifiers. The company is known for its market focus on providing filtration solutions, particularly in international markets like China.
YTD Price Performance: -22.92%
Average Trading Volume: 1,042,533
Technical Sentiment Signal: Hold
Current Market Cap: Yen34.73B
For an in-depth examination of 6240 stock, go to TipRanks’ Stock Analysis page.