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Hokuto Corporation ( (JP:1379) ) has shared an update.
Hokuto Corporation has announced its strategic initiatives to enhance management practices focused on capital cost and stock price improvement. Despite a challenging fiscal year in 2023 due to rising costs, the company has maintained a positive return on equity and aims to achieve significant growth by 2029, with targets set for net sales and operating profit. Key strategies include increasing domestic market share, enhancing pricing strategies, expanding overseas, and improving production efficiency, which are expected to strengthen the company’s market position and profitability.
More about Hokuto Corporation
Hokuto Corporation operates in the food industry, primarily focusing on the production and distribution of mushrooms and related products. The company is committed to expanding market consumption and delivering health benefits through its mushroom offerings, balancing profit generation with corporate social responsibility.
Average Trading Volume: 65,217
Technical Sentiment Signal: Hold
Current Market Cap: Yen56B
See more insights into 1379 stock on TipRanks’ Stock Analysis page.