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Ateam Inc. ( (JP:3662) ) has shared an announcement.
Ateam Holdings Co., Ltd. has decided to transfer all shares of its subsidiary, Ateam Finergy Inc., to Sasuke Financial Lab, Inc. This strategic move is part of Ateam’s medium-term business plan to optimize its portfolio and reduce risk. Despite the steady revenue growth of ‘NaviNavi Insurance,’ increasing customer acquisition costs and strategic limitations prompted the decision. The transfer is expected to enhance the business value of Ateam Finergy’s operations and align with Ateam’s growth strategy.
More about Ateam Inc.
Ateam Holdings Co., Ltd. operates in the digital and web services industry, focusing on developing platforms that address financial and insurance-related concerns. Its subsidiary, Ateam Finergy Inc., is known for the ‘NaviNavi Insurance’ platform, which offers insurance comparisons and consultations.
Average Trading Volume: 125,701
Technical Sentiment Signal: Buy
Current Market Cap: Yen20.34B
See more insights into 3662 stock on TipRanks’ Stock Analysis page.