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HOYA Corporation Transfers Voice Synthetic Software Business to Subsidiary

Story Highlights
  • HOYA Corporation is transferring its voice synthetic software business to ReadSpeaker Japan Co., Ltd.
  • The transaction aims to optimize HOYA’s management resources and involves share transfers to Marunouchi Capital Inc.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HOYA Corporation Transfers Voice Synthetic Software Business to Subsidiary

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The latest update is out from HOYA ( (JP:7741) ).

HOYA Corporation announced the transfer of its voice synthetic software business to its subsidiary, ReadSpeaker Japan Co., Ltd., through a simplified absorption-type company split. This strategic move aims to optimize the allocation of HOYA’s management resources and involves transferring shares to a special purpose company operated by Marunouchi Capital Inc., potentially impacting HOYA’s focus and resource distribution in its core business areas.

The most recent analyst rating on (JP:7741) stock is a Buy with a Yen22000.00 price target. To see the full list of analyst forecasts on HOYA stock, see the JP:7741 Stock Forecast page.

More about HOYA

HOYA Corporation operates in the fields of electronics, imaging, healthcare, and medical services, providing manufacturing, sales, and associated services. The company is known for its diverse product offerings and services in these sectors.

Average Trading Volume: 1,066,507

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen6624.4B

Find detailed analytics on 7741 stock on TipRanks’ Stock Analysis page.

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