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Matsuya Foods Holdings Co., Ltd. ( (JP:9887) ) just unveiled an update.
Matsuya Foods Holdings Co., Ltd. has completed the acquisition of all shares of Matsufuji Corporation, making it a wholly owned subsidiary and consolidating control over the group’s business management structure. Following the transaction, President Kazutoshi Kawarabuki has been appointed as President and Representative Director of Matsufuji, while former president Kazushige Takeda will remain involved as an advisor; the deal is expected to generate approximately ¥7.6 billion in goodwill amortized over about 10 years, with the company planning to announce the resulting impact on consolidated financial results by March 2026.
The most recent analyst rating on (JP:9887) stock is a Hold with a Yen6448.00 price target. To see the full list of analyst forecasts on Matsuya Foods Holdings Co., Ltd. stock, see the JP:9887 Stock Forecast page.
More about Matsuya Foods Holdings Co., Ltd.
Matsuya Foods Holdings Co., Ltd., listed on the TSE Prime, operates as a holding company overseeing group businesses in the food service sector, with a focus on managing and developing its restaurant and related operations through wholly owned subsidiaries such as Matsufuji Corporation.
Average Trading Volume: 34,274
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen123.7B
For a thorough assessment of 9887 stock, go to TipRanks’ Stock Analysis page.