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Cross Cat Co., Ltd. ( (JP:2307) ) just unveiled an announcement.
Cross Cat Co., Ltd. has announced its decision to acquire the business related to the Division of Tokyo Solutions Development from its wholly-owned subsidiary, CROSS UIS Co., Ltd. This strategic move aims to strengthen the company’s business structure by enhancing synergies within the group, amidst rising demand for IT services and a challenging demographic environment. The acquisition is expected to have a minimal impact on the company’s consolidated financial results due to the internal nature of the transaction.
The most recent analyst rating on (JP:2307) stock is a Buy with a Yen1208.00 price target. To see the full list of analyst forecasts on Cross Cat Co., Ltd. stock, see the JP:2307 Stock Forecast page.
More about Cross Cat Co., Ltd.
Cross Cat Co., Ltd. operates in the information technology industry, focusing on the development and maintenance of systems primarily in the Tokyo metropolitan area. The company is engaged in information-processing services using computers and telecommunication equipment, customized system development, and technology services related to software development.
Average Trading Volume: 40,927
Technical Sentiment Signal: Sell
Current Market Cap: Yen15.76B
Learn more about 2307 stock on TipRanks’ Stock Analysis page.