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Takashima Acquires Sanwa Holdings to Boost Renewable Energy Portfolio

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Takashima Acquires Sanwa Holdings to Boost Renewable Energy Portfolio

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Takashima & Co., Ltd. ( (JP:8007) ) has provided an update.

Takashima & Co., Ltd. announced its decision to acquire all outstanding shares of Sanwa Holdings Co., Ltd., making it a consolidated subsidiary. This strategic move is aimed at strengthening Takashima’s renewable energy business, leveraging Sanwa’s expertise in solar power systems to achieve synergistic growth. The acquisition aligns with Takashima’s medium-term management plan ‘Sustainability V (Value)’ and is expected to contribute to the company’s long-term sustainable growth and its mission to contribute positively to society.

More about Takashima & Co., Ltd.

Takashima & Co., Ltd. operates in the construction supply, industrial materials, and electronics and devices sectors. The company is involved in the production and distribution of various construction products for both residential and nonresidential markets, including wall materials, foundation piling methods, insulation materials, solar panel-related materials, and interior furnishings. Takashima has a nationwide sales network and is committed to long-term sustainable growth through strategic investments and business transformation.

YTD Price Performance: -3.71%

Average Trading Volume: 99,642

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen21.46B

See more data about 8007 stock on TipRanks’ Stock Analysis page.

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