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DaikyoNishikawa Corp. ( (JP:4246) ) has issued an announcement.
DaikyoNishikawa Corporation has set the terms for a secondary offering of its common stock, fixing the selling price at ¥824 per share for a total selling amount of approximately ¥9.58 billion in a transaction underwritten by securities firms, with settlement scheduled for January 26, 2026. In addition, the company will conduct an over-allotment secondary offering of 1,743,700 shares at the same price, enabling a potential greenshoe option and related syndicate cover transactions through late February 2026, a structure designed to support aftermarket price stability and liquidity for existing and new shareholders.
The most recent analyst rating on (JP:4246) stock is a Buy with a Yen919.00 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 is a Japanese company listed on the Prime Market of the Tokyo Stock Exchange under securities code 4246. It operates in the manufacturing sector, with a focus that aligns with Japan’s automotive and industrial components supply chain, though this specific release centers on its capital markets activities rather than its product portfolio.
YTD Price Performance: 3.89%
Average Trading Volume: 167,332
Technical Sentiment Signal: Buy
Current Market Cap: Yen56.4B
Learn more about 4246 stock on TipRanks’ Stock Analysis page.