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Daihen Corporation ( (JP:6622) ) has issued an announcement.
Daihen Corporation has announced a secondary offering of 1.5 million shares of its common stock, as approved by its Board of Directors. This move is aimed at enhancing the liquidity of its shares and expanding its shareholder base, particularly among individual investors, in response to the trend of unwinding cross shareholdings in Japan’s stock market.
The most recent analyst rating on (JP:6622) stock is a Buy with a Yen11200.00 price target. To see the full list of analyst forecasts on Daihen Corporation stock, see the JP:6622 Stock Forecast page.
More about Daihen Corporation
Daihen Corporation operates in the manufacturing industry, focusing primarily on the production of industrial equipment and systems. The company is known for its advanced technologies in power electronics and robotics, serving a diverse range of markets with a strong emphasis on innovation and quality.
Average Trading Volume: 173,649
Technical Sentiment Signal: Buy
Current Market Cap: Yen205.3B
Find detailed analytics on 6622 stock on TipRanks’ Stock Analysis page.