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KDDI ( (JP:9433) ) has shared an update.
KDDI Corporation has announced the transfer of its bulk power purchasing service for condominiums to Next Power Co., Ltd., a subsidiary of Kansai Electric Power Co., Inc., through an absorption-type company split. This strategic move is aimed at leveraging Next Power’s expertise to enhance the service’s growth and reach, while KDDI plans to concentrate on expanding its retail electricity business for individual customers, particularly through its au Denki brand. The transition is expected to be seamless for current customers, with no service interruptions.
The most recent analyst rating on (JP:9433) stock is a Buy with a Yen3050.00 price target. To see the full list of analyst forecasts on KDDI stock, see the JP:9433 Stock Forecast page.
More about KDDI
KDDI Corporation is a major player in the telecommunications industry, offering a range of services including mobile and fixed-line communications. The company is known for its au brand and focuses on providing innovative telecommunications solutions to a diverse customer base.
Average Trading Volume: 9,677,730
Technical Sentiment Signal: Buy
Current Market Cap: Yen10156.3B
For detailed information about 9433 stock, go to TipRanks’ Stock Analysis page.