H.I.S. Co., Ltd. Subsidiary to Acquire Kyoshin Densetsu Kogyo K.K.

H.I.S.Co. ( (JP:9603) ) has provided an update.

H.I.S. Co., Ltd. announced that its subsidiary, Cross E Holdings Corporation Limited, has entered into a basic agreement to acquire Kyoshin Densetsu Kogyo K.K., a construction company with expertise in electrical and telecommunications work. This acquisition aims to expand Cross E’s market presence in Nagasaki Prefecture and create synergies within the group, enhancing its business operations and risk management capabilities.

The most recent analyst rating on (JP:9603) stock is a Buy with a Yen2100.00 price target. To see the full list of analyst forecasts on H.I.S.Co. stock, see the JP:9603 Stock Forecast page.

More about H.I.S.Co.

H.I.S. Co., Ltd. operates in the travel and tourism industry, with its subsidiary Cross E Holdings Corporation Limited focusing on operational holdings. Cross E is involved in equipment installation and maintenance at waste treatment facilities and public facilities in Nagasaki Prefecture.

Average Trading Volume: 683,224

Technical Sentiment Signal: Hold

Current Market Cap: Yen119.2B

For detailed information about 9603 stock, go to TipRanks’ Stock Analysis page.