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Meiko Electronics Co., Ltd. ( (JP:6787) ) just unveiled an announcement.
Meiko Electronics Co., Ltd. has announced the execution of a syndicated loan agreement to refinance an existing loan and increase its commitment line, with Sumitomo Mitsui Banking Corporation as the arranger. This financial move aims to solidify the company’s financial foundation amid ongoing business expansion, enhancing its funding capacity to support future growth. The impact on the current fiscal year’s consolidated business results is expected to be negligible.
More about Meiko Electronics Co., Ltd.
Meiko Electronics Co., Ltd. operates in the electronics industry, focusing on the production and development of printed circuit boards (PCBs) and related electronic components. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in the electronics sector.
YTD Price Performance: -19.91%
Average Trading Volume: 185,905
Technical Sentiment Signal: Sell
Current Market Cap: Yen190.4B
For an in-depth examination of 6787 stock, go to TipRanks’ Stock Analysis page.