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Gyet Co., Ltd. Expands into Innovative Fiber Technology with AddElm Acquisition

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Gyet Co., Ltd. Expands into Innovative Fiber Technology with AddElm Acquisition

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Mac House Co., Ltd. ( (JP:7603) ) has provided an update.

Gyet Co., Ltd. has announced a strategic move to make AddElm TECHNOLOGY Corporation a subsidiary, aiming to enhance its business portfolio beyond traditional apparel through innovative performance and recovery wear. AddElm, known for its groundbreaking second-generation functional fibers, has completed its R&D phase and is moving towards commercialization, with potential expansion into medical and healthcare fields, promising significant growth and new social value.

The most recent analyst rating on (JP:7603) stock is a Sell with a Yen325.00 price target. To see the full list of analyst forecasts on Mac House Co., Ltd. stock, see the JP:7603 Stock Forecast page.

More about Mac House Co., Ltd.

Average Trading Volume: 1,795,685

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen5.94B

See more insights into 7603 stock on TipRanks’ Stock Analysis page.

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