An update from Kurita Water Industries ( (JP:6370) ) is now available.
Kurita Water Industries Ltd. has announced a company split, transferring a specific business in the Tohoku region to its wholly owned subsidiary, Kurita East Japan Co., Ltd. This strategic move aligns with Kurita’s medium-term management plan to strengthen its business foundation in Japan’s General Industry segment by enhancing customer engagement and expanding its CSV business. The restructuring is expected to improve operational efficiency and customer intimacy by integrating sales of water treatment chemicals and maintenance services.
More about Kurita Water Industries
Kurita Water Industries Ltd. operates in the water treatment industry, focusing on the manufacture and sale of water treatment chemicals and facilities, as well as maintenance services and water supply services. The company aims to enhance its presence in diverse industries through its CSV business, which emphasizes water saving, GHG emissions reduction, and resource recovery.
YTD Price Performance: -11.43%
Average Trading Volume: 2,174
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.67B
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