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MinebeaMitsumi ( (JP:6479) ) has issued an update.
MinebeaMitsumi Inc. has completed the acquisition of all shares of TN Linear Motion Inc., a newly established subsidiary of TSUBAKI NAKASHIMA CO., LTD. This acquisition, which includes the ball screws and ball ways business, aims to expand MinebeaMitsumi’s market share and improve its positioning in the precision technologies sector. The transaction is expected to create synergies with MinebeaMitsumi’s existing operations and enhance its enterprise value by integrating the acquired business into its core offerings.
The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2600.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.
More about MinebeaMitsumi
MinebeaMitsumi Inc. operates in the precision technology industry, focusing on super-precision processing and mass production technologies. The company aims to enhance its product portfolio through strategic acquisitions, identifying core business areas known as the ‘Eight Spears’ where it can leverage its strengths.
Average Trading Volume: 1,640,231
Technical Sentiment Signal: Buy
Current Market Cap: Yen1105.5B
Learn more about 6479 stock on TipRanks’ Stock Analysis page.