Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
MARUKA FURUSATO Corporation ( (JP:7128) ) has shared an update.
MARUKA FURUSATO Corporation has announced the establishment of Maruka Construction Machinery Corporation, a wholly owned subsidiary, to prepare for the spin-off of its Construction Machinery Division. This strategic move is part of a broader integration plan involving the merger of Maruka Corporation and G-NET CORPORATION to form UNISOL Corporation, aiming to unify command chains and ensure sustainable growth. The impact on consolidated business results is expected to be minimal, with further details to be announced.
The most recent analyst rating on (JP:7128) stock is a Buy with a Yen2550.00 price target. To see the full list of analyst forecasts on MARUKA FURUSATO Corporation stock, see the JP:7128 Stock Forecast page.
More about MARUKA FURUSATO Corporation
MARUKA FURUSATO Corporation operates in the machinery and tools industry, focusing on construction machinery sales and rentals, as well as insurance services. The company is involved in the integration of its core subsidiaries to streamline operations and promote sustainable growth.
Average Trading Volume: 38,356
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen55.99B
Learn more about 7128 stock on TipRanks’ Stock Analysis page.