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The latest announcement is out from Infomart Corporation ( (JP:2492) ).
Infomart Corporation has entered into a business alliance with invox Inc. and will increase its stake in the AI-driven invoice automation specialist to make it an equity-method affiliate, raising its voting interest from 14.30% to 33.41% through a ¥1.911 billion share purchase. By combining Infomart’s extensive B2B client base with invox’s AI-OCR and invoice processing technologies, the partners plan to launch a next-generation comprehensive billing service that integrates digital and analog invoice data, streamlines accounting processes such as journalizing and reconciliation, and strengthens Infomart’s earnings base and long-term value proposition as demand for end-to-end digitalization of business transactions accelerates.
The most recent analyst rating on (JP:2492) stock is a Buy with a Yen509.00 price target. To see the full list of analyst forecasts on Infomart Corporation stock, see the JP:2492 Stock Forecast page.
More about Infomart Corporation
Infomart Corporation is a Tokyo-based provider of cloud-based B2B platform services that digitalize commercial transactions such as quotations, ordering, invoicing, billing and settlement. Centered on its “DtoD (Data to Data)” concept, the company focuses on connecting companies via digital platforms to automate back-office operations and deliver industry-specific efficiency solutions, with a particularly strong customer base in sectors including the food industry.
Average Trading Volume: 1,883,854
Technical Sentiment Signal: Buy
Current Market Cap: Yen104.9B
See more data about 2492 stock on TipRanks’ Stock Analysis page.