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An announcement from JAPAN POST HOLDINGS Co ( (JP:6178) ) is now available.
Japan Post Holdings Co., Ltd. announced the conclusion of a sale and purchase agreement for a partial disposal of shares in its subsidiary, Japan Post Insurance Co., Ltd. The transaction involved the sale of 5,424,300 shares, amounting to approximately 22.5 billion yen, reducing the holding ratio of voting rights from 49.85% to 49.11%. This move does not change the subsidiary status of Japan Post Insurance, indicating a strategic financial adjustment rather than a shift in control.
The most recent analyst rating on (JP:6178) stock is a Hold with a Yen1478.00 price target. To see the full list of analyst forecasts on JAPAN POST HOLDINGS Co stock, see the JP:6178 Stock Forecast page.
More about JAPAN POST HOLDINGS Co
Japan Post Holdings Co., Ltd. operates in the logistics and financial services industry, primarily providing postal, banking, and insurance services. It is a major player in the Japanese market, with its subsidiaries including Japan Post Insurance Co., Ltd., listed on the Tokyo Stock Exchange.
YTD Price Performance: 1.28%
Average Trading Volume: 5,884,577
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen4344.8B
Learn more about 6178 stock on TipRanks’ Stock Analysis page.