IHI (JP:7013) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
IHI Corporation plans to transfer its Materials Handling System Business to a new company, which will then be acquired by Tadano Ltd. This strategic move aims to enhance competitiveness and adaptability, aligning with IHI’s medium-term management plan to focus on growth and development-focused businesses.
For further insights into JP:7013 stock, check out TipRanks’ Stock Analysis page.