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An announcement from IHI ( (JP:7013) ) is now available.
IHI Corporation has decided to transfer all shares of its subsidiary, Niigata Transys Co., Ltd., to JKF Co., Ltd., which is managed by J-Will Partners Co., Ltd. This strategic move aims to leverage JWP’s expertise to enhance Niigata Transys’s competitiveness and expand its market presence both domestically and internationally, particularly in the growing rolling stock and snowplow markets. The transaction is expected to contribute to Niigata Transys’s sustainable growth and align with IHI’s broader strategy of focusing on high-growth domains.
The most recent analyst rating on (JP:7013) stock is a Buy with a Yen13800.00 price target. To see the full list of analyst forecasts on IHI stock, see the JP:7013 Stock Forecast page.
More about IHI
IHI Corporation operates in the industrial sector, focusing on the design, manufacture, and maintenance of rolling stock, including passenger carriages, light rail transit, and railway maintenance vehicles, as well as machines for snow removal. The company is a leader in the domestic markets for maintenance vehicles and snow removal equipment.
Average Trading Volume: 5,443,869
Technical Sentiment Signal: Buy
Current Market Cap: Yen2596.9B
For an in-depth examination of 7013 stock, go to TipRanks’ Overview page.