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Mitsui & Co ( (JP:8031) ) has shared an announcement.
Mitsui & Co., Ltd. announced the sale of its shares in B Food Science Co., Ltd. to PTCJ-7 Holdings Inc., a subsidiary of Polaris Capital Group Co., Ltd. This move is part of Mitsui’s strategic reconfiguration of its business portfolio. The transaction is expected to generate a profit for Mitsui in the fourth quarter of the fiscal year ending March 2025, reflecting positively on its financial outlook.
More about Mitsui & Co
Mitsui & Co., Ltd. operates in the industrial sector, with a focus on providing functional materials such as sugar-based polyols, serving various industries including food, pharmaceuticals, and chemicals through its subsidiary, B Food Science Co., Ltd.
YTD Price Performance: -12.36%
Average Trading Volume: 6,495
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $56.69B
Learn more about 8031 stock on TipRanks’ Stock Analysis page.
