Nichirei Corp
TSE:2871
Nichirei Corp's latest stock split occurred on Sep 28, 2016
The company executed a 1-for-2 stock split, meaning that for every 2 shares held, investors received 1 new share.
Before the split, Nichirei Corp traded at 1170 per share. Afterward, the share price was about 2134.2938.
The adjusted shares began trading on Sep 28, 2016. This was the only stock split in Nichirei Corp's history.
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Nichirei Corp
Glance View
Nichirei Corporation stands as a notable player in the global food industry, with its roots stretching back to post-war Japan. The company has grown from a modest endeavor in seafood trading to a diversified conglomerate with a significant footprint in frozen foods, logistics, and biosciences. Nichirei's primary revenue stream flows from its extensive frozen foods segment, catering to a range of culinary palettes across both domestic and international markets. By capitalizing on Japan's deep-seated love for convenience meals, Nichirei has adeptly harnessed consumer trends towards frozen ready-to-eat dishes that are both high in quality and rich in nutritional value. The company's prowess in product innovation, coupled with stringent quality control measures, ensures that it maintains a competitive edge in this saturated market. Beyond food products, Nichirei's logistics arm plays a crucial role in its operational ecosystem. As a leader in temperature-controlled logistics, the company offers comprehensive distribution solutions, tapping into Japan’s intricate web of supply chains. Its commitment to efficiency and reliability in cold storage and transportation not only supports its own operations but also serves diverse sectors including agriculture and pharmaceuticals. Nichirei's ventures into biosciences further illustrate its adaptive strategies, exploring areas such as antibodies and diagnostic reagents. This ability to diversify while maintaining core competencies in food and logistics underlines Nichirei's resilience and insight in navigating the constantly shifting landscape of global commerce.
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