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Zuiko Corporation ( (JP:6279) ) has shared an update.
Zuiko Corporation will complete the acquisition of Unitika Ltd.’s spunlace nonwoven fabric business on December 31, 2025 and start operating the business on January 1, 2026, paying ¥2.15 billion in cash for assets of about ¥4.7 billion and taking on no liabilities after adjusting the price for additional fire protection costs. The acquired business, which generated roughly ¥4 billion in sales in the year to March 2025, will bolster Zuiko’s position in nonwoven materials while also allowing the company to inherit a government supply-chain subsidy and book an extraordinary gain of ¥1.77 billion and a matching extraordinary loss under compressed bookkeeping in the fourth quarter of the fiscal year ending February 2026, with purchase price allocation and any goodwill still under review.
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 is a Japanese manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily engaged in industrial machinery and related businesses, and is expanding its presence in materials and components used in hygiene and industrial applications. The company is now moving further into the nonwoven fabric sector, a key input for products such as wipes and hygiene materials, with the aim of strengthening its supply chain and value-added offerings.
Average Trading Volume: 33,262
Technical Sentiment Signal: Hold
Current Market Cap: Yen26.16B
For a thorough assessment of 6279 stock, go to TipRanks’ Stock Analysis page.