The share price of Toyo Kanetsu, the leading airport baggage handling systems company, rose for 3 consecutive days and was bid up as much as ¥24 from the previous day. The acquisition of land for a new plant was reported as a positive catalyst.
Toyo Kanetsu's share price rose for 3 consecutive days, showing strength on a daily basis. During trading, the stock was reported to have risen as much as ¥24 from the previous day.
The acquisition of land for a new plant was reported as a positive catalyst, with speculation that it could lead to future capital investment and strengthen the production system. However, the article did not provide details of the specific contract value or timing.