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Hakuhodo Dy Holdings ( (JP:2433) ) just unveiled an update.
Hakuhodo DY Holdings Inc. announced a strategic move to acquire shares of HIBC Co., Ltd. and Time & Space, Ltd., making them wholly-owned subsidiaries. This acquisition is part of a broader strategy to make Digital Holdings a wholly-owned subsidiary, enhancing Hakuhodo’s digital capabilities and market positioning. The company plans a simplified absorption-type company split to integrate these entities, with minimal impact on its financials, indicating a strategic realignment rather than a financial overhaul.
The most recent analyst rating on (JP:2433) stock is a Hold with a Yen1304.00 price target. To see the full list of analyst forecasts on Hakuhodo Dy Holdings stock, see the JP:2433 Stock Forecast page.
More about Hakuhodo Dy Holdings
Hakuhodo DY Holdings Inc. operates in the advertising and marketing industry, providing a range of services including advertising, media buying, and marketing communications. The company focuses on leveraging digital technologies to enhance its service offerings and expand its market presence.
Average Trading Volume: 686,669
Technical Sentiment Signal: Buy
Current Market Cap: Yen447.3B
Find detailed analytics on 2433 stock on TipRanks’ Stock Analysis page.