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Kandenko Co., Ltd. Revises Medium-Term Plan Amid Strong Performance

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Kandenko Co., Ltd. Revises Medium-Term Plan Amid Strong Performance

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The latest announcement is out from Kandenko Co., Ltd. ( (JP:1942) ).

Kandenko Co., Ltd. has revised its Medium-Term Management Plan for FY2024-FY2026, achieving record-high performance by meeting fiscal 2026 targets two years early. The company anticipates continued strong demand for construction projects, leading to upward revisions in its financial targets. Additionally, Kandenko is enhancing its focus on capital costs and stock prices to drive sustainable growth and corporate value, with increased growth investment and a reduction in cross-shareholdings.

More about Kandenko Co., Ltd.

Kandenko Co., Ltd. operates in the construction industry, focusing on private-sector construction investments. The company is involved in projects such as semiconductor plants, data centers, and large-scale redevelopment, with a market focus on enhancing productivity and decarbonization efforts.

YTD Price Performance: 21.23%

Technical Sentiment Signal: Sell

Current Market Cap: €3.44B

See more data about 1942 stock on TipRanks’ Stock Analysis page.

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