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Joshin Denki Co., Ltd. ( (JP:8173) ) has issued an announcement.
Joshin Denki has resolved to acquire all shares of DO Reform Co., Ltd., which will take over the long-established renovation business of HOUSE DO JAPAN in Kyoto and Nara, thereby making DO Reform a subsidiary. By combining DO Reform’s three-decade track record and expertise in large-scale and customized renovations with Joshin’s strong customer base and regional dominance in Kansai, the company aims to expand its renovation operations, create new demand, and enhance the overall corporate value of the Joshin Group.
The most recent analyst rating on (JP:8173) stock is a Buy with a Yen2708.00 price target. To see the full list of analyst forecasts on Joshin Denki Co., Ltd. stock, see the JP:8173 Stock Forecast page.
More about Joshin Denki Co., Ltd.
Joshin Denki Co., Ltd. is a Japan-based retailer that has been shifting from its roots in consumer electronics toward becoming a broader lifestyle support company, with a strategic focus on services such as home renovations tailored to diverse customer lifestyles, particularly in the Kansai region.
Average Trading Volume: 88,537
Technical Sentiment Signal: Buy
Current Market Cap: Yen71.07B
Find detailed analytics on 8173 stock on TipRanks’ Stock Analysis page.