Tokuyama (JP:4043) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Tokuyama Corporation has decided to discontinue operations at its wholly-owned subsidiary, Shanghai Tokuyama Plastics Co., Ltd., due to challenging market conditions and declining profitability. The subsidiary, which has been manufacturing microporous films since 2002, primarily for disposable diaper backing sheets, will cease operations as a result of an increasingly competitive environment in China.
For further insights into JP:4043 stock, check out TipRanks’ Stock Analysis page.
