Heiwa (JP:6412) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Heiwa Corporation is expanding its presence in the golf industry by acquiring PJC Investments, the parent company of Accordia Golf, which will make Heiwa the largest golf course management company in Japan and the world by the number of courses owned. This strategic move is part of Heiwa’s vision to transform from a pachinko and pachislot machine manufacturer into a general leisure company, capitalizing on the growing popularity of golf. The acquisition is expected to bring synergies like increased management efficiency and cost reductions, while maintaining distinct brands under the Heiwa umbrella.
For further insights into JP:6412 stock, check out TipRanks’ Stock Analysis page.