Fuji Oil Holdings, Inc. ( (JP:2607) ) has provided an announcement.
Fuji Oil Holdings Inc. has announced its decision to acquire the remaining 20% shares of Fuji Oil International Inc. from Itochu International Inc., making it a wholly owned subsidiary. This strategic move aims to unify management strategies, enhance technological involvement, and allow Fuji Oil to better respond to changes in consumer habits and industry demands. The acquisition is not expected to significantly impact the company’s consolidated earnings.
More about Fuji Oil Holdings, Inc.
Fuji Oil Holdings Inc. operates in the food industry, primarily focusing on the development, manufacturing, and supply of vegetable oils and fats. Their market focus includes tropical fats such as palm and coconut oils, as well as specialty vegetable oils like sunflower and rice bran oils.
YTD Price Performance: -27.51%
Average Trading Volume: 319,654
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen221.2B
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