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U-NEXT HOLDINGS Expands into Halal Food Market with New Malaysian Subsidiary

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U-NEXT HOLDINGS Expands into Halal Food Market with New Malaysian Subsidiary

U-NEXT HOLDINGS Co.Ltd. ( (JP:9418) ) has shared an announcement.

U-NEXT HOLDINGS Co., Ltd. announced the establishment of a new subsidiary in Malaysia, Amane Sdn.Bhd., to enter the halal food market. This strategic move aims to leverage the company’s expertise in the virtual restaurant business to manufacture and sell halal foods and operate a food delivery brand franchise in Southeast Asia, enhancing the group’s future corporate value.

More about U-NEXT HOLDINGS Co.Ltd.

U-NEXT HOLDINGS Co., Ltd. operates in the virtual restaurant business, focusing on manufacturing and selling food products. The company is expanding its market focus to include halal foods, targeting Islamic countries, particularly in Southeast Asia.

YTD Price Performance: 3.09%

Average Trading Volume: 617,949

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen324.5B

For a thorough assessment of 9418 stock, go to TipRanks’ Stock Analysis page.

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