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The latest announcement is out from Nifco Inc. ( (JP:7988) ).
Nifco Inc. has decided to terminate its existing Stock Grant ESOP Trust incentive plan for employees after completing the delivery of all shares corresponding to previously granted points in November 2025. As part of winding down the scheme, the company will acquire the remaining 24,439 common shares held in the trust for no consideration on January 20, 2026, and cancel the same number of shares on January 30, 2026, reducing its total shares outstanding to 100,232,614 and effecting a modest share consolidation that could slightly enhance per-share metrics for existing shareholders.
The most recent analyst rating on (JP:7988) stock is a Buy with a Yen5171.00 price target. To see the full list of analyst forecasts on Nifco Inc. stock, see the JP:7988 Stock Forecast page.
More about Nifco Inc.
Nifco Inc., listed on the TSE Prime with securities code 7988 and headquartered in Yokosuka, Kanagawa, is a Japanese manufacturer whose shares are publicly traded and which has implemented equity-based incentive plans such as a Stock Grant ESOP Trust for its employees.
Average Trading Volume: 251,796
Technical Sentiment Signal: Buy
Current Market Cap: Yen470.2B
Find detailed analytics on 7988 stock on TipRanks’ Stock Analysis page.