Nihon Kohden Introduces Employee Stock Ownership Plan

Nihon Kohden Corporation ( (JP:6849) ) has issued an announcement.

Nihon Kohden Corporation has announced the introduction of an Employee Stock Ownership Plan as an incentive for its employees and some subsidiaries, aiming to enhance motivation and contribute to long-term business performance. The plan involves the disposal of treasury stock through a third-party allotment, with 930,000 shares allocated to Custody Bank of Japan, Ltd., reflecting a minor impact on the secondary market.

The most recent analyst rating on (JP:6849) stock is a Hold with a Yen1700.00 price target. To see the full list of analyst forecasts on Nihon Kohden Corporation stock, see the JP:6849 Stock Forecast page.

More about Nihon Kohden Corporation

Nihon Kohden Corporation operates in the medical technology industry, specializing in the production of medical electronic equipment. The company focuses on providing products such as patient monitors, defibrillators, and other diagnostic and therapeutic devices, primarily serving healthcare facilities and professionals.

Average Trading Volume: 556,840

Technical Sentiment Signal: Sell

Current Market Cap: Yen291B

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