ARE Holdings, Inc. (JP:5857) has released an update.
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ARE Holdings, Inc. is expanding its presence in Southeast Asia by establishing a new sub-subsidiary in Thailand through its consolidated subsidiary, Asahi Pretec Corporation, aiming to capitalize on the growing precious metals recycling business due to the expansion of the jewelry and electronics industries in the region. The new subsidiary is expected to commence operations in 2026, with the move aligning with ARE Holdings’ strategy to penetrate overseas markets and expected to have a minimal impact on the fiscal year ending March 2025.
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