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An announcement from Nabtesco ( (JP:6268) ) is now available.
Nabtesco Corporation announced a change in the closing date for the share transfer of its Hydraulic Equipment Business to Comer Industries S.p.A., now scheduled for January 2026 due to delays in obtaining necessary permits. This adjustment is part of a broader strategic move involving a simplified absorption-type company split and the creation of a new entity, Comtesco Corporation, to streamline operations and enhance market competitiveness.
The most recent analyst rating on (JP:6268) stock is a Hold with a Yen4104.00 price target. To see the full list of analyst forecasts on Nabtesco stock, see the JP:6268 Stock Forecast page.
More about Nabtesco
Nabtesco Corporation operates in the industrial machinery sector, focusing on the production and sale of hydraulic equipment and construction machinery components. The company is listed on the Prime Section of the Tokyo Stock Exchange and is involved in strategic partnerships to enhance its market position.
Average Trading Volume: 1,091,186
Technical Sentiment Signal: Buy
Current Market Cap: Yen461.9B
For an in-depth examination of 6268 stock, go to TipRanks’ Overview page.