Futaba Corporation is reported to have made 炎重工 a subsidiary, with expansion of related businesses, including its water-surface drone business, expected. The share price is believed to have rebounded for the first time in three days.
Futaba Corporation made 炎重工 a subsidiary. The article reports that 炎重工 operates businesses including water-surface drones.
There is no announcement from the company or mention in its monthly materials, and the article focuses on the fact that 炎重工 became a subsidiary. A rebound for the first time in three days has been reported as a result.