Kawasaki Heavy Industries and Furukawa Co. Discuss EarthTechnica Share Transfer

Kawasaki Heavy Industries ( (JP:7012) ) has shared an update.

Kawasaki Heavy Industries and Furukawa Co., Ltd. have signed a Memorandum of Understanding to discuss the transfer of shares of EarthTechnica Co., Ltd., a subsidiary of Kawasaki engaged in crushing and grinding equipment. This move aims to enhance Furukawa’s technological capabilities and market reach, particularly in the environmental recycling sector, while leveraging EarthTechnica’s advanced technologies and reputation. The transaction is expected to create synergies, expand business domains, and strengthen operations in the global mining and quarry markets.

The most recent analyst rating on (JP:7012) stock is a Hold with a Yen6400.00 price target. To see the full list of analyst forecasts on Kawasaki Heavy Industries stock, see the JP:7012 Stock Forecast page.

More about Kawasaki Heavy Industries

Kawasaki Heavy Industries operates in the industrial machinery sector, focusing on products such as crushing and grinding equipment. The company is known for its technological expertise and market presence in the mining and quarry industries.

Average Trading Volume: 17,626,905

Technical Sentiment Signal: Buy

Current Market Cap: Yen1385.4B

See more data about 7012 stock on TipRanks’ Stock Analysis page.