tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zuiko Delays Start of Newly Acquired Spunlace Nonwoven Fabric Business

Story Highlights
  • Zuiko postponed the transfer and start dates for the acquired Spunlace Nonwoven Fabric Business from late December to year-end and early January.
  • The schedule change, driven by internal personnel procedures, leaves potential earnings impact under review with further disclosures promised.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zuiko Delays Start of Newly Acquired Spunlace Nonwoven Fabric Business

Claim 70% Off TipRanks Premium

The latest update is out from Zuiko Corporation ( (JP:6279) ).

ZUIKO Corporation has announced a revised schedule for its planned acquisition of UNITIKA Ltd.’s Spunlace Nonwoven Fabric Business, moving the business transfer date from December 26, 2025, to December 31, 2025, and the commencement of operations from December 26, 2025, to January 1, 2026. The change follows mutual discussions between the parties and stems from internal procedures related to personnel matters, and ZUIKO is currently reviewing the impact of the revised timing on its earnings forecast for the fiscal year ending February 2026, with a commitment to promptly disclose any material updates, including a confirmed transfer date, to investors and other stakeholders.

The most recent analyst rating on (JP:6279) stock is a Hold with a Yen998.00 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, listed on the Tokyo Stock Exchange Prime Market, operates in the industrial machinery sector and is expanding its presence in nonwoven materials by acquiring the Spunlace Nonwoven Fabric Business from UNITIKA Ltd., strengthening its position in hygiene and related nonwoven fabric markets.

Average Trading Volume: 33,649

Technical Sentiment Signal: Hold

Current Market Cap: Yen26.26B

For an in-depth examination of 6279 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1