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Aisin Seiki Co ( (JP:7259) ) has shared an announcement.
Aisin Corporation has decided to tender all its common shares of Toyota Industries Corporation in a tender offer, aligning with its strategy to reduce cross-shareholdings to zero by the end of FY2026. This move is expected to generate an extraordinary profit of 95.4 billion yen, which will be recorded as a gain on the sale of investment securities, supporting Aisin’s goal of reinvesting in growth areas.
The most recent analyst rating on (JP:7259) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on Aisin Seiki Co stock, see the JP:7259 Stock Forecast page.
More about Aisin Seiki Co
Aisin Corporation operates in the automotive industry, focusing on the production of powertrain systems and other automotive components. The company is committed to expanding its business in growth areas and improving capital efficiency by reducing cross-shareholdings.
Average Trading Volume: 3,007,759
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1314B
For an in-depth examination of 7259 stock, go to TipRanks’ Stock Analysis page.
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