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Morinaga Milk Issues New Bonds to Bolster Growth

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Morinaga Milk Issues New Bonds to Bolster Growth

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Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) has issued an update.

Morinaga Milk Industry Co., Ltd. announced the issuance of its 21st and 22nd series of unsecured straight bonds, each valued at 10 billion yen, with maturities of five and ten years respectively. This strategic financial move is expected to strengthen the company’s capital structure and support its long-term growth objectives, potentially impacting its market position positively.

The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.

More about Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co., Ltd. operates within the dairy industry, focusing on the production and distribution of milk and related products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to quality and innovation in dairy products.

Average Trading Volume: 384,158

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen287.8B

For detailed information about 2264 stock, go to TipRanks’ Stock Analysis page.

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