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Meidensha Corporation ( (JP:6508) ) just unveiled an update.
Meidensha Corporation has resolved to sell land and an office building with parking in Tokyo’s Osaki district as part of a broader effort to optimize use of its assets, improve capital efficiency, and redeploy funds into growth investments aligned with its Medium-term Management Plan 2027. The transaction, to be completed with an undisclosed domestic corporate buyer at a market-reflective price, is expected to generate approximately ¥5.3 billion in extraordinary income in the nine months ending March 31, 2026, and may lead to revisions of the company’s full-year forecast depending on the overall impact of the sale and related factors.
The most recent analyst rating on (JP:6508) stock is a Hold with a Yen5963.00 price target. To see the full list of analyst forecasts on Meidensha Corporation stock, see the JP:6508 Stock Forecast page.
More about Meidensha Corporation
Meidensha Corporation is a Japanese industrial manufacturer listed on the TSE Prime and NSE Premier markets, providing electrical equipment and systems with a focus on infrastructure and industrial solutions. The company is pursuing a Medium-term Management Plan through 2027 that emphasizes production capacity expansion and digital transformation initiatives to strengthen competitiveness and operational efficiency.
Average Trading Volume: 267,754
Technical Sentiment Signal: Buy
Current Market Cap: Yen255.4B
Find detailed analytics on 6508 stock on TipRanks’ Stock Analysis page.