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Nippon Chemical ranks third in rising buy predictions among retail investors on Minkabu
Nippon Chemical Industrial Co Ltd <4092> ranked third in "rising buy predictions" among retail investors on the Minkabu information site as of 10:00 a.m. on April 16. In the Tokyo market, Nippon Chemical shares extended their gains for a fifth consecutive session. Investor interest was reignited by the company's April 2 announcement that it had established a joint venture with TDK Corp <6762> to develop electronic component materials and manufacturing processes.
In the new entity, TDK holds a 51% stake while Nippon Chemical holds 49%. The two companies had signed a basic agreement in November 2025 to discuss the joint venture, which focuses on developing electronic component materials, including ceramic materials for multilayer ceramic chip capacitors (MLCC).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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