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MEDIA DO Co., Ltd. ( (JP:3678) ) has shared an announcement.
MEDIA DO Co., Ltd. announced the Tokyo Stock Exchange approved the listing of its subsidiary, Flier Inc., on the Growth Market, scheduled for February 20, 2025. This move is expected to enhance Flier’s credibility, secure resources, and strengthen its financial structure, while MEDIA DO plans to sell a portion of its shares in Flier, maintaining it as a consolidated subsidiary temporarily. The listing aligns with MEDIA DO’s strategy to support its subsidiaries’ autonomous management, contributing to their corporate value and benefiting stakeholders.
More about MEDIA DO Co., Ltd.
MEDIA DO Co., Ltd. operates in the publishing industry, focusing on the distribution of literary content. The company aims to expand the reach of written works while ensuring fair use and profit returns to creators. It is committed to enhancing corporate value and contributing to cultural and societal development in Japan.
YTD Price Performance: 7.09%
Average Trading Volume: 36,471
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen23.15B
For detailed information about 3678 stock, go to TipRanks’ Stock Analysis page.
