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COPRO-HOLDINGS Co., Ltd. ( (JP:7059) ) just unveiled an announcement.
COPRO-HOLDINGS has resolved to acquire all shares of TRYT Inc., which owns construction-focused staffing firm TRYT Engineering Inc., making TRYT a wholly owned subsidiary and turning both TRYT and TRYT Engineering into specified subsidiaries due to their capital size. By folding TRYT Engineering’s nationwide client base and digital recruitment strength—particularly its “Sekoukanri Job” site for experienced construction managers—into COPRO-HOLDINGS’ existing low-cost recruitment and retention-focused platform, the group aims to expand its footprint, secure a broader and higher-quality pool of dispatched technicians, and reinforce its ambition to become the dominant player in Japan’s construction technician dispatch market; the transaction will be structured through an absorption-type split that carves out non-construction dispatch businesses from TRYT before COPRO-HOLDINGS purchases all TRYT shares, with COPRO CEO Kosuke Kiyokawa slated to also lead TRYT Engineering afterward.
The most recent analyst rating on (JP:7059) stock is a Buy with a Yen1151.00 price target. To see the full list of analyst forecasts on COPRO-HOLDINGS Co., Ltd. stock, see the JP:7059 Stock Forecast page.
More about COPRO-HOLDINGS Co., Ltd.
COPRO-HOLDINGS Co., Ltd. operates in Japan’s construction human resources sector, focusing on the dispatch and recruitment of construction technicians to address the domestic industry’s chronic shortage of skilled engineers. The group has built a sales model that targets selected client companies, emphasizes technician-centric employment practices, and relies on low-cost, in-house recruitment—primarily of younger, inexperienced candidates—supported by paid job advertising platforms to improve retention and service quality in the construction technician dispatch market.
Average Trading Volume: 148,484
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen40.1B
For a thorough assessment of 7059 stock, go to TipRanks’ Stock Analysis page.