Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Digital Holdings, Inc. ( (JP:2389) ) is now available.
Digital Holdings, Inc. has resolved to convene an extraordinary shareholders’ meeting on February 25, 2026 to seek approval for a share consolidation, abolition of the share unit provision, and amendments to its Articles of Incorporation, a series of steps that will result in the delisting of its common stock from the Tokyo Stock Exchange Prime Market on March 19, 2026. The moves follow a tender offer by Hakuhodo DY Holdings Inc., which, after a months-long offer period ending December 3, 2025, acquired a majority stake of approximately 51.15% of Digital Holdings’ shares as part of a broader plan to make the company a wholly owned subsidiary. In anticipation of this change of control, Digital Holdings established an independent special committee of outside directors to review the proposal and negotiate with Hakuhodo DY, aiming to safeguard the interests of general shareholders amid the transition from a listed company to a fully controlled entity, which will eliminate public trading in the stock and concentrate ownership and decision-making with the new parent.
The most recent analyst rating on (JP:2389) stock is a Hold with a Yen2126.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
More about Digital Holdings, Inc.
Digital Holdings, Inc., listed on the Tokyo Stock Exchange Prime Market under code 2389, operates in the digital and advertising-related services sector and controls subsidiaries including OPT, Inc. The company has been the subject of a strategic transaction by Hakuhodo DY Holdings Inc., which is seeking to acquire all outstanding common shares and stock acquisition rights and convert Digital Holdings into a wholly owned subsidiary, shifting its shareholder structure away from public markets toward full control by the acquirer.
Average Trading Volume: 94,449
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.29B
For detailed information about 2389 stock, go to TipRanks’ Stock Analysis page.