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Daicel Corporation Announces Strategic Reorganization with Polyplastics

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Daicel Corporation Announces Strategic Reorganization with Polyplastics

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An update from Daicel ( (JP:4202) ) is now available.

Daicel Corporation announced a reorganization plan involving the absorption of its subsidiary, Polyplastics Co., Ltd., to streamline operations and enhance its engineering plastics business. This move aligns with Daicel’s medium-term strategy to transform its business structure, aiming to integrate Polyplastics’ strengths and improve corporate efficiency, ultimately maximizing corporate value.

The most recent analyst rating on (JP:4202) stock is a Buy with a Yen1505.00 price target. To see the full list of analyst forecasts on Daicel stock, see the JP:4202 Stock Forecast page.

More about Daicel

Daicel Corporation operates in the chemical industry, focusing on the manufacture and sale of cellulose, organic chemicals, synthetic resins, and pyrotechnic products. The company is known for its engineering plastics business and has a strategic focus on expanding its manufacturing capabilities overseas.

Average Trading Volume: 623,173

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen354.3B

See more insights into 4202 stock on TipRanks’ Stock Analysis page.

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