Rengo Co., Ltd. : Rengo Acquires Shares in Hirooka Shiki

November 13, 2013 at 03:59 am EST

MarketScreener.com By The editorial team

Rengo Acquires Shares in Hirooka Shiki

Hirooka Shiki has a long history as a manufacturer of corrugated boxes with many important clients, mainly in Takaoka-shi, Toyama Prefecture. Rengo is dispatching executives to Hirooka Shiki and working to strengthen the competitiveness of the company's corrugated packaging business. Rengo is also aiming for the further enhancement of the corrugated packaging business of the Rengo Group in the Hokuriku region through collaboration with neighboring Rengo plants and its group companies.

Overview of Hirooka Shiki Co., Ltd.

Head Office Location

1073 Rokke, Takaoka-shi, Toyama Prefecture, Japan

Representative

President Yasuhiro Aoshima

Capital

Latest news about Rengo Co., Ltd.

Daiwa Previews This Week's Policy Meeting at Bank of Japan	Apr. 22	MT
Japanese firms agree biggest pay hikes in 33 years, union group Rengo says	Apr. 18	RE
Japanese firms agree 5.2% pay raise, biggest union group Rengo says	Apr. 18	RE
Japanese firms agreed on 5.24% wage hike, biggest union group says	Apr. 04	RE
Rengo Co., Ltd. acquired 60% stake in Biomaterial in Tokyo Co. Ltd.	Apr. 02	CI
Bank of Japan Determined Progress Towards Goals in January Meeting	Mar. 25	MT
Japan union group Rengo announces biggest wage hikes on record	Mar. 22	RE
Mitsubishi UFG Asks If The G10 Central Bank Updates Trigger A Pick-Up in Foreign Exchange Volatility	Mar. 18	MT
Daiwa Previews This Week's Key Policy Decision From Japan's Central Bank	Mar. 18	MT
Rengo Wage Agreement Results to Encourage Bank of Japan to Tighten Policy, Says Mitsubishi UFG	Mar. 15	MT
SocGen's Overnight Economic News	Mar. 15	MT
JGB yields at 3-month highs, yen unmoved after Japan's big union wage deal	Mar. 15	RE
SocGen's Overnight Economic News Summary	Mar. 13	MT
Wage Results to Provide "Green Light" for Bank of Japan Hike in March, Says Mitsubishi UFG	Mar. 11	MT
Japan's Trade Surplus Expands Further Underling Yen Support, Says Mitsubishi UFG	Mar. 08	MT
SocGen's Overnight Economic News Summary	Mar. 07	MT
Japanese firms, unions kick off wage talks as markets bet on bigger pay hikes	Jan. 23	RE
Japan business lobby calls for higher pay, paves way for BOJ policy normalisation	Jan. 16	RE
Japan business lobby calls for higher pay, paves way for BOJ policy normalisation	Jan. 15	RE
Japan's Nov real wages down for 20th straight month	Jan. 09	RE
EU Green-lights JV Between Rengo, Mitsui Chemicals	Dec. 18	MT
Japan's inflation-adjusted wages decline for 19th month in Oct	Dec. 07	RE
Japan's major union reps set to seek minimum 5% pay rise in 2024	Dec. 01	RE
Japan metal workers' unions eye record base pay hikes in 2024	Nov. 28	RE
Japanese firms raise monthly regular pay by record amount this year - government poll	Nov. 27	RE

Chart Rengo Co., Ltd.

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Company Profile

Rengo Co., Ltd. is a paper box manufacturer. The Cardboard and Paper Processing-related segment manufactures and sells paperboard, corrugated board and corrugated boxes in domestic markets. The Soft-type Packaging-related segment manufactures and sells soft-type packaging products and cellophane in domestic markets. The Heavy Duty Packaging-related segment manufactures and sells heavy duty packaging products in domestic markets. The Overseas-related segment manufactures and sells paperboard, corrugated board, corrugated boxes, soft-type and heavy duty packaging products in overseas markets. The Others segment is engaged in the manufacture of nonwoven cloth, the logistic business, insurance agency business, lease business and real estate business.

Sector

Paper Packaging

Calendar

2024-05-09 - Q4 2023 Earnings Release

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Income Statement Evolution

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Ratings for Rengo Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1,155 JPY

Average target price

1,366 JPY

Spread / Average Target

+18.24%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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SMURFIT KAPPA GROUP PLC	+11.01%	11.09B
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SIG GROUP AG	-2.12%	8.02B
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