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Needs Well Inc. Transitions to Strategic Business Alliance with ITFOR Inc.

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Needs Well Inc. Transitions to Strategic Business Alliance with ITFOR Inc.

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An announcement from Needs Well, Inc. ( (JP:3992) ) is now available.

Needs Well Inc. has announced the termination of its capital and business alliance with ITFOR Inc., transitioning to a more flexible business alliance to enhance corporate value and stock market liquidity. This strategic move is expected to result in a gain on sale of investment securities, depending on the stock price at the time of sale, with an estimated gain of approximately 85 million yen if sold at the recent closing price.

More about Needs Well, Inc.

Needs Well Inc. is an independent system integrator established in October 1986, based in Tokyo, Japan. The company specializes in the development, operation, and maintenance of software and solution products, focusing on industries such as finance, telecommunication, logistics, and services. It leverages its technical capabilities to enhance operational efficiency and value creation for its clients.

Average Trading Volume: 580,859

Technical Sentiment Signal: Buy

Current Market Cap: Yen20.52B

For a thorough assessment of 3992 stock, go to TipRanks’ Stock Analysis page.

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