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The latest update is out from Nichirei Corporation ( (JP:2871) ).
Nichirei Corporation has announced its new long-term management goal, ‘N-FIT 2035’, aiming to strengthen its competitive advantages and enhance profitability and capital efficiency. This strategic plan is set against the backdrop of evolving global market demands, particularly the increasing need for frozen foods and logistics solutions. The company targets an operating margin of 10% and a 40% overseas sales ratio by 2035, with a focus on expanding its global business and reducing environmental impact.
The most recent analyst rating on (JP:2871) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.
More about Nichirei Corporation
Nichirei Corporation, founded in 1945, is a company that has been at the forefront of innovations in refrigeration technology. It operates primarily in the food and health sectors, providing solutions that enhance people’s lives. The company transitioned to a holding structure in 2005 to expedite decision-making and business development, and it has a significant focus on frozen foods and temperature-controlled logistics, particularly in Japan, Europe, North America, and ASEAN regions.
Average Trading Volume: 1,325,833
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen508B
Find detailed analytics on 2871 stock on TipRanks’ Stock Analysis page.
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