Matsuda Sangyo Co., Ltd. ( (JP:7456) ) has shared an update.
Matsuda Sangyo Co., Ltd. has announced its decision to acquire all shares of Sanyo-Rec Co., Ltd. and Flap Resource Co., Ltd., establishing them as subsidiaries. This acquisition is expected to enhance Matsuda Sangyo’s capabilities in industrial waste recycling, particularly complementing their lithium-ion battery recycling business, thereby increasing sales, expanding market reach, and boosting the company’s growth and corporate value.
More about Matsuda Sangyo Co., Ltd.
Matsuda Sangyo Co., Ltd. operates in the precious metals and food business segments, focusing on environmental conservation through the recycling of industrial waste. They are listed on the Tokyo Stock Exchange and engage in the recovery and proper processing of industrial waste as part of their environmental-related business operations.
YTD Price Performance: -1.55%
Average Trading Volume: 29,283
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen76.59B
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