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Inabata & Co., Ltd. ( (JP:8098) ) has shared an announcement.
Inabata & Co., Ltd. has acquired all shares of Satoen Co., Ltd., making it a subsidiary to align with its medium-term management plan, ‘New Challenge 2026.’ This strategic move aims to enhance synergies in the food sector by integrating agricultural and fishery product management to boost sales, particularly in overseas markets like the United States, Europe, and Asia. Satoen, known for cultivating and selling tea, offers substantial growth potential through its e-commerce platform. The acquisition is expected to expand Inabata’s sales network and customer base, although its immediate financial impact will be minor.
More about Inabata & Co., Ltd.
Inabata & Co., Ltd. operates within the environment-related and life industry sectors, focusing on renewable energy, recycling, and food products. The company aims to expand its earnings through proactive investments and achieve a long-term vision termed ‘IK Vision 2030.’
YTD Price Performance: -3.45%
Average Trading Volume: 136,040
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen165.3B
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