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Kameda Seika Boosts Earnings Forecasts Following Strategic Acquisition

Story Highlights
  • Kameda Seika acquires TH FOODS, INC., boosting its ownership to a wholly owned subsidiary.
  • The acquisition leads to a significant upward revision of Kameda Seika’s financial forecasts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kameda Seika Boosts Earnings Forecasts Following Strategic Acquisition

Confident Investing Starts Here:

Kameda Seika Co., Ltd. ( (JP:2220) ) has shared an announcement.

Kameda Seika Co., Ltd. has announced the recording of extraordinary income due to the acquisition of TH FOODS, INC., turning it into a wholly owned subsidiary. This strategic move has led the company to revise its consolidated performance forecasts significantly upwards for the six months ending September 30, 2025, and the fiscal year ending March 31, 2026, indicating a substantial improvement in expected net income and overall financial performance.

More about Kameda Seika Co., Ltd.

Kameda Seika Co., Ltd. operates in the food industry, primarily focusing on the production and sale of rice crackers and snacks. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strong market presence in Japan and expanding influence internationally.

Average Trading Volume: 36,135

Technical Sentiment Signal: Sell

Current Market Cap: Yen76.01B

For an in-depth examination of 2220 stock, go to TipRanks’ Overview page.

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