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JINUSHI Co.,Ltd. ( (JP:3252) ) has shared an update.
JINUSHI Co., Ltd. announced a strategic absorption-type merger involving six of its wholly owned subsidiaries as part of the liquidation process of New Real Property Co., Ltd. This merger simplifies the company’s structure by dissolving the subsidiaries, which had previously held shares in a split ownership scheme. The merger, scheduled to take effect on May 12, 2025, will not involve any share or asset allocation, streamlining JINUSHI’s operations and potentially enhancing its market efficiency.
More about JINUSHI Co.,Ltd.
JINUSHI Co., Ltd. operates in the real estate industry, focusing on property investment and development. The company is listed on the Tokyo Stock Exchange and engages in various real estate ventures, including the management and liquidation of property assets.
YTD Price Performance: -10.14%
Average Trading Volume: 104,723
Technical Sentiment Signal: Buy
Current Market Cap: Yen41.87B
For detailed information about 3252 stock, go to TipRanks’ Stock Analysis page.