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An update from Itoki Corporation ( (JP:7972) ) is now available.
Itoki Corporation has approved an absorption-type merger of its wholly owned subsidiary ITOKI Shared Value Co., Ltd., which operates environmental support businesses including rental, reduction, reuse, recycling and space sharing, with Itoki as the surviving entity and the subsidiary to be dissolved. Scheduled to take effect on October 1, 2026, the short-form merger involves no shareholder meeting or consideration in shares or cash, and is intended to streamline group operations, enhance cost rationalization and strengthen Itoki’s ability to deliver integrated, sustainability-oriented workplace and environmental value solutions to customers.
The most recent analyst rating on (JP:7972) stock is a Hold with a Yen2606.00 price target. To see the full list of analyst forecasts on Itoki Corporation stock, see the JP:7972 Stock Forecast page.
More about Itoki Corporation
Itoki Corporation is a Japan-based manufacturer and seller of office furniture, with a focus on solutions that support modern workstyles. Through its group companies, it is also involved in environmental support services such as rental, reduction, reuse, recycling and space sharing, positioning itself at the intersection of workplace design and sustainability-focused services in the domestic market.
Average Trading Volume: 150,840
Technical Sentiment Signal: Buy
Current Market Cap: Yen135.2B
Learn more about 7972 stock on TipRanks’ Stock Analysis page.