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Kurimoto,Ltd. ( (JP:5602) ) has shared an update.
Kurimoto, Ltd. has announced a drawdown of a loan under an existing commitment line agreement to raise working capital efficiently. The borrowing, amounting to ¥12,000 million, is part of a syndicated commitment line led by Mizuho Bank, Ltd., and is expected to have an immaterial impact on the company’s business results.
The most recent analyst rating on (JP:5602) stock is a Buy with a Yen2055.00 price target. To see the full list of analyst forecasts on Kurimoto,Ltd. stock, see the JP:5602 Stock Forecast page.
More about Kurimoto,Ltd.
Kurimoto, Ltd. is a company listed on the Tokyo Stock Exchange’s Prime Market, primarily involved in manufacturing and industrial services. The company focuses on efficiently raising working capital to support its operations.
Average Trading Volume: 964,161
Technical Sentiment Signal: Buy
Current Market Cap: Yen108B
For detailed information about 5602 stock, go to TipRanks’ Stock Analysis page.