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Zuiko Corporation ( (JP:6279) ) has issued an update.
Zuiko Corporation has announced the acquisition of the spunlace nonwoven fabric business from Unitika Ltd., marking a strategic move to diversify its operations. This acquisition allows Zuiko to enter the spunlace nonwoven fabric market, enhancing its product offerings for hygiene products and targeting both domestic and international markets to improve profitability and expand its customer base.
The most recent analyst rating on (JP:6279) stock is a Hold with a Yen990.00 price target. To see the full list of analyst forecasts on Zuiko Corporation stock, see the JP:6279 Stock Forecast page.
More about Zuiko Corporation
Zuiko Corporation is a company listed on the Tokyo Stock Exchange Prime Market, primarily involved in the hygiene products manufacturing machinery industry. The company focuses on expanding its business portfolio by leveraging synergies with its existing technologies and exploring new business fields.
Average Trading Volume: 54,846
Technical Sentiment Signal: Hold
Current Market Cap: Yen25.6B
Learn more about 6279 stock on TipRanks’ Stock Analysis page.