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Nichireki Finalizes Holding Company Transition

Nichireki Finalizes Holding Company Transition

Nichireki Co., Ltd. (JP:5011) has released an update.

Nichireki Co., Ltd. has finalized its transition to a holding company structure, to be effective from October 1, 2024, under the new name NICHIREKI GROUP CO., LTD. The reorganization includes the establishment of a successor company that will continue the Applied and Processed Asphalt Products Business & Road Paving Business under the original name, Nichireki Co., Ltd. Both entities will share the same head office location in Tokyo and will be led by Manabu Obata as President and Representative Director.

For further insights into JP:5011 stock, check out TipRanks’ Stock Analysis page.

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