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The latest update is out from Nichiden Corporation ( (JP:9902) ).
Nichiden Corporation announced its decision to merge its wholly owned subsidiary, PROCUEbyNET Corporation, through an absorption-type merger. This strategic move aims to streamline operations and concentrate management resources, with Nichiden Corporation as the surviving entity. The merger is expected to enhance operational efficiency and consolidate the company’s position in the market.
The most recent analyst rating on (JP:9902) stock is a Buy with a Yen3164.00 price target. To see the full list of analyst forecasts on Nichiden Corporation stock, see the JP:9902 Stock Forecast page.
More about Nichiden Corporation
Nichiden Corporation operates in the sales of machine components industry. The company is focused on enhancing its management resources and efficiency within its group by merging subsidiaries.
Average Trading Volume: 28,000
Technical Sentiment Signal: Buy
Current Market Cap: Yen85.25B
For a thorough assessment of 9902 stock, go to TipRanks’ Stock Analysis page.