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Meito Sangyo Co., Ltd. ( (JP:2207) ) has issued an announcement.
Meito Sangyo Co., Ltd. has announced the construction of a new plant for its subsidiary, ACE BAKERY Co., Ltd., in response to the aging infrastructure of the Mitsubuchi Plant and increasing demand for gelatin dessert products. The new facility, located in Kasugai City, will enhance production capacity and ensure stable production, with an investment of approximately 7.7 billion yen. The construction is set to begin in October 2025, with operations expected to start in January 2027. The financial impact on the company’s current fiscal year is projected to be minimal.
More about Meito Sangyo Co., Ltd.
Meito Sangyo Co., Ltd. operates in the food industry, focusing on the manufacture and sale of products such as Baumkuchen and gelatin desserts. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
Average Trading Volume: 40,145
Technical Sentiment Signal: Buy
Current Market Cap: Yen35.39B
Learn more about 2207 stock on TipRanks’ Stock Analysis page.