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Hikari Tsushin, Inc. ( (JP:9435) ) has provided an announcement.
Hikari Tsushin, Inc. has announced a share exchange agreement to make Zappallas, Inc. a wholly owned subsidiary. This strategic move aims to strengthen collaboration and focus on existing businesses, addressing Zappallas’s growth strategy challenges and operational inefficiencies. The share exchange is expected to enhance corporate value for both companies, with Zappallas’s delisting anticipated to facilitate deeper integration and cost efficiencies.
The most recent analyst rating on (JP:9435) stock is a Hold with a Yen33400.00 price target. To see the full list of analyst forecasts on Hikari Tsushin, Inc. stock, see the JP:9435 Stock Forecast page.
More about Hikari Tsushin, Inc.
Hikari Tsushin, Inc. operates in the telecommunications industry and is involved in various business ventures, including content services. The company focuses on expanding its market presence and enhancing its business collaborations.
Average Trading Volume: 78,538
Technical Sentiment Signal: Buy
Current Market Cap: Yen1779.5B
For an in-depth examination of 9435 stock, go to TipRanks’ Overview page.