Nippon Shokubai Co., Ltd. ( (JP:4114) ) has shared an announcement.
Nippon Shokubai Co., Ltd. has completed the acquisition of Emulsion Technology Co., Ltd., making it a subsidiary. This strategic move is expected to have a negligible impact on the company’s financial results for the fiscal year ending March 31, 2025, but it positions Nippon Shokubai to enhance its market presence in the industrial materials sector.
More about Nippon Shokubai Co., Ltd.
Nippon Shokubai Co., Ltd. operates in the chemical industry, focusing on the production of industrial materials, civil engineering, and construction materials. The company specializes in products made from synthetic rubber latex and acrylic emulsion.
YTD Price Performance: -6.30%
Average Trading Volume: 704,812
Technical Sentiment Signal: Sell
Current Market Cap: Yen278B
Learn more about 4114 stock on TipRanks’ Stock Analysis page.