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MEC Company Ltd. ( (JP:4971) ) has shared an announcement.
MEC Company Ltd. has announced a revision in its plans for the new Kitakyushu Plant, initially set to commence operations in October 2025, now postponed to December 2026. This change is driven by the need to accommodate a broader range of product demands and secure future production capacity, reflecting the company’s strategic response to evolving market conditions. The delay is expected to have minimal impact on the financial results for the fiscal year ending December 31, 2025.
More about MEC Company Ltd.
MEC Company Ltd. operates in the electronic manufacturing industry, focusing on product technology used in the manufacturing process for electronic substrates and components. The company holds a significant share of the global market for package substrates that mount semiconductors, catering to the expanding semiconductor and digital industries.
YTD Price Performance: -24.88%
Average Trading Volume: 149,440
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen49.22B
Find detailed analytics on 4971 stock on TipRanks’ Stock Analysis page.