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Needs Well Inc. Transitions to Business Alliance with Ascentech K.K.

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Needs Well Inc. Transitions to Business Alliance with Ascentech K.K.

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Needs Well, Inc. ( (JP:3992) ) has provided an announcement.

Needs Well Inc. has announced its participation in a tender offer for Ascentech K.K., transitioning from a capital and business alliance to a business alliance. This move follows Ascentech’s support for the tender offer by OPI 18 Corporation. The company expects to record an extraordinary income gain of approximately ¥64 million from the sale of investment securities, indicating a positive impact on its financial results for the fiscal year ending September 30, 2025.

More about Needs Well, Inc.

Needs Well Inc. operates in the software industry, focusing on the development, operation, and maintenance of software and solution products. Established in 1986 and headquartered in Chiyoda-ku, Tokyo, the company employs 616 people and has a share capital of ¥908 million.

Average Trading Volume: 566,764

Technical Sentiment Signal: Buy

Current Market Cap: Yen20.44B

See more data about 3992 stock on TipRanks’ Stock Analysis page.

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