Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from DaikyoNishikawa Corp. ( (JP:4246) ).
DaikyoNishikawa Corporation has completed a share repurchase of 2,505,200 common shares via an off-auction ToSTNeT-3 transaction on January 9, 2026, at a total cost of approximately ¥2.03 billion, effectively fulfilling the buyback mandate approved by its board earlier in the month. The buyback is aimed at improving capital efficiency, enhancing shareholder returns, and offsetting supply-demand effects from a concurrent secondary offering, and it will significantly reshape the company’s shareholder structure, with long-time shareholder Nishikawa Rubber Co., Ltd. reducing its stake from 17.35% to 8.98%, thereby losing its status as the largest shareholder and prompting a change in the hierarchy of major shareholders.
The most recent analyst rating on (JP:4246) stock is a Buy with a Yen802.00 price target. To see the full list of analyst forecasts on DaikyoNishikawa Corp. stock, see the JP:4246 Stock Forecast page.
More about DaikyoNishikawa Corp.
DaikyoNishikawa Corporation, listed on the Tokyo Stock Exchange Prime Market under securities code 4246, operates in the manufacturing sector, with its shares actively traded in Japan’s capital markets. The company’s shareholder base includes industrial partners such as Nishikawa Rubber Co., Ltd., a manufacturer of rubber and resin products, indicating close ties with the broader automotive and materials supply chain.
Average Trading Volume: 113,942
Technical Sentiment Signal: Buy
Current Market Cap: Yen55.24B
For an in-depth examination of 4246 stock, go to TipRanks’ Overview page.