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The latest announcement is out from MTI Ltd. ( (JP:9438) ).
MTI Ltd. announced a strategic move to transfer its fortune-telling service business to Concourse, Inc., a subsidiary of Zappallas, Inc., through a simplified absorption-type company split effective April 1, 2025. This decision aligns with MTI Ltd.’s strategy to concentrate on its healthcare and school DX businesses, while Concourse will inherit all rights and obligations related to the fortune-telling service. This move is expected to streamline MTI’s focus and enhance its market positioning in its key business areas.
More about MTI Ltd.
MTI Ltd. operates in the content industry, with a focus on healthcare and school DX businesses, alongside its fortune-telling services. The company is shifting its resources to emphasize the former sectors.
YTD Price Performance: -6.59%
Average Trading Volume: 58,076
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen58.67B
For a thorough assessment of 9438 stock, go to TipRanks’ Stock Analysis page.
