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Maruzen Showa Unyu Acquires Nitto Fuji Transport to Expand Logistics Services

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Maruzen Showa Unyu Acquires Nitto Fuji Transport to Expand Logistics Services

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The latest update is out from Maruzen Showa Unyu Co., Ltd. ( (JP:9068) ).

Maruzen Showa Unyu Co., Ltd. has announced its decision to acquire a 66.6% stake in Nitto Fuji Transport Co., Ltd., making it a subsidiary. This strategic acquisition is expected to enhance the company’s logistics network and provide higher value-added services, particularly in the flour milling industry, thereby increasing corporate value.

The most recent analyst rating on (JP:9068) stock is a Buy with a Yen7645.00 price target. To see the full list of analyst forecasts on Maruzen Showa Unyu Co., Ltd. stock, see the JP:9068 Stock Forecast page.

More about Maruzen Showa Unyu Co., Ltd.

Maruzen Showa Unyu Co., Ltd. operates in the logistics industry, providing stable and diverse logistics services. The company aims to be a logistics partner for the future, leveraging technologies and on-site skills to enhance customer service.

Average Trading Volume: 26,330

Technical Sentiment Signal: Buy

Current Market Cap: Yen139.4B

Learn more about 9068 stock on TipRanks’ Stock Analysis page.

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