TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
KONDOTEC INC. ( (JP:7438) ) has shared an update.
KONDOTEC INC. has announced the acquisition of SUZUTOH CO., LTD., a company engaged in manufacturing and sales of construction materials, to make it a subsidiary. This strategic move is part of KONDOTEC’s medium-term management plan to strengthen its growth prospects by enhancing its manufacturing functions and expanding sales methods, including rentals, to support sustainable growth and increase corporate value.
The most recent analyst rating on (JP:7438) stock is a Buy with a Yen1825.00 price target. To see the full list of analyst forecasts on KONDOTEC INC. stock, see the JP:7438 Stock Forecast page.
More about KONDOTEC INC.
KONDOTEC INC. operates in the construction materials industry, focusing on the manufacturing and sales of construction materials, wholesale of steel products, and lease of temporary construction materials. The company is also involved in construction services, with a market focus on enhancing its supply system and expanding into areas with growth prospects such as maintenance, repairs, and labor-saving technology.
Average Trading Volume: 21,988
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.79B
Find detailed analytics on 7438 stock on TipRanks’ Stock Analysis page.