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FURYU CORP. ( (JP:6238) ) has provided an announcement.
FURYU Corporation has approved preparations to establish a wholly owned subsidiary in Guangzhou, China, as part of its strategy to expand overseas sales and meet mid-term management targets. The new entity, to be set up in the first half of fiscal 2026, will handle planning, manufacturing, sales, import, export, and rental of photo sticker machines, as well as character goods and image-based paid services.
With planned capital of RMB 22 million and direct 100% ownership by FURYU, the subsidiary is designed to strengthen and broaden the company’s sales activities in the strategically important Chinese market. The company currently expects the financial impact on its near-term business performance to be immaterial, suggesting this move is aimed more at long-term positioning and market development than immediate earnings contribution.
The most recent analyst rating on (JP:6238) stock is a Hold with a Yen1361.00 price target. To see the full list of analyst forecasts on FURYU CORP. stock, see the JP:6238 Stock Forecast page.
More about FURYU CORP.
FURYU Corporation is a Japanese entertainment and consumer products company listed on the TSE Prime Market, known for planning, manufacturing, and selling photo sticker machines and character goods, as well as providing image-based paid services. The company has been pursuing a mid-term vision that emphasizes expanding its overseas sales footprint, with China identified as a key strategic market for future growth and brand development.
Average Trading Volume: 168,275
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.83B
For detailed information about 6238 stock, go to TipRanks’ Stock Analysis page.