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The latest announcement is out from Hokkan Holdings Limited ( (JP:5902) ).
Hokkan Holdings Limited has decided to acquire additional shares of its Indonesian subsidiary, PT Hokkan Deltapack Industri, making it a wholly owned subsidiary. This strategic move aims to strengthen the company’s management structure in Indonesia, facilitating swifter decision-making and supporting the expansion of its overseas operations, which currently contribute significantly to its net sales.
The most recent analyst rating on (JP:5902) stock is a Buy with a Yen2502.00 price target. To see the full list of analyst forecasts on Hokkan Holdings Limited stock, see the JP:5902 Stock Forecast page.
More about Hokkan Holdings Limited
Hokkan Holdings Limited is a company listed on the Tokyo Stock Exchange and Sapporo Securities Exchange, primarily involved in the manufacturing and sales of various containers, as well as contract filling and sales of drinking water. The company is focused on expanding its operations in Southeast Asia, particularly in the Indonesian market.
Average Trading Volume: 19,375
Technical Sentiment Signal: Buy
Current Market Cap: Yen27.66B
See more insights into 5902 stock on TipRanks’ Stock Analysis page.