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Life Corporation ( (JP:8194) ) has provided an announcement.
Life Corporation announced an absorption-type merger with Ohashi Saketen, a company specializing in the retail sales of alcoholic beverages. The merger aims to optimize management resources and strengthen Life Corporation’s business foundation, with minimal impact on its financials. By acquiring Ohashi Saketen’s liquor license, Life Corporation plans to enhance its sales strategies and prepare for future growth.
The most recent analyst rating on (JP:8194) stock is a Buy with a Yen2681.00 price target. To see the full list of analyst forecasts on Life Corporation stock, see the JP:8194 Stock Forecast page.
More about Life Corporation
Life Corporation operates in the retail industry, focusing on the sale of fresh produce, general food, lifestyle products, and apparel. It is a significant player in the market with major shareholders including Mitsubishi Corporation and Seishin Kosan Corporation.
Average Trading Volume: 189,409
Technical Sentiment Signal: Buy
Current Market Cap: Yen213.5B
For a thorough assessment of 8194 stock, go to TipRanks’ Stock Analysis page.