Tokuyama (JP:4043) has released an update.
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Tokuyama Corporation has announced its decision to absorb its wholly owned subsidiary, FL Tokuyama Corporation, in a simplified merger effective April 1, 2025. This strategic move aims to enhance organizational management by consolidating operations related to building materials and manufactured goods. The merger will result in the dissolution of FL Tokuyama, with no new shares or financial considerations exchanged.
For further insights into JP:4043 stock, check out TipRanks’ Stock Analysis page.
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