TDK Corp. Acquisition and Valuation Update
TDK Corp., a Japanese electronics company, has acquired SoftEye to expand its capabilities in AI-powered glasses.
Acquisition Details
- Date: Not specified
- Company acquired: SoftEye
- Industry expansion: AI-powered glasses
Stock Price Performance
TDK’s stock price has fluctuated within a 52-week range of ¥1165 to ¥2241. As of June 19, the current close price is ¥1578.5.
Valuation Metrics
- Price-to-earnings ratio: 17.52
- Price-to-book ratio: 1.63
- Market position: Stable