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OPTEX GROUP Restructures to Boost IoT Business

OPTEX GROUP Restructures to Boost IoT Business

OPTEX GROUP Company Limited (JP:6914) has released an update.

OPTEX GROUP Co., Ltd. has decided to convert its software development subsidiary, Three Ace Co., Ltd., into a sub-subsidiary under Optex Co., Ltd. to enhance collaboration in promoting IoT business. This strategic shift is expected to bolster the company’s solution proposal business without affecting its overall business performance.

For further insights into JP:6914 stock, check out TipRanks’ Stock Analysis page.

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