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An announcement from Pharma Foods International Co., Ltd. ( (JP:2929) ) is now available.
Pharma Foods International Co., Ltd. has announced the construction of a new manufacturing facility for its subsidiary, Meiji Yakuhin Co., Ltd., as part of its strategy to become a leading healthcare company. This investment, amounting to JPY 12.5 billion, aims to boost production capacity and expand the sales of Meiji Yakuhin’s own-brand products, targeting net sales of JPY 23 billion by 2030. The move is expected to enhance the company’s market position and address common healthcare needs, contributing significantly to its growth and vision.
More about Pharma Foods International Co., Ltd.
Pharma Foods International Co., Ltd. operates in the healthcare industry, focusing on the manufacture and sale of pharmaceuticals, quasi-drugs, medical devices, health foods, and cosmetics. Its subsidiary, Meiji Yakuhin Co., Ltd., plays a significant role in this sector by evolving from a contract manufacturer to a full-fledged pharmaceutical manufacturer.
Average Trading Volume: 109,190
Technical Sentiment Signal: Sell
Current Market Cap: Yen26.25B
See more data about 2929 stock on TipRanks’ Stock Analysis page.