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Nippon Concrete Industries Gains from Strategic Sale of Securities

Story Highlights
  • Nippon Concrete Industries gains 306,112 thousand yen from selling investment securities.
  • The sale aligns with the company’s plan to reduce cross-shareholdings, enhancing business performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Concrete Industries Gains from Strategic Sale of Securities

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Nippon Concrete Industries Co., Ltd. ( (JP:5269) ) has shared an announcement.

Nippon Concrete Industries Co., Ltd. announced the recognition of extraordinary income from the sale of investment securities, resulting in a gain of 306,112 thousand yen. This sale is part of the company’s strategy to reduce cross-shareholdings, aligning with its Medium-Term Management Plan 2024, and is expected to positively impact business performance.

More about Nippon Concrete Industries Co., Ltd.

Nippon Concrete Industries Co., Ltd. operates in the construction materials industry, focusing on the production and sale of concrete products. The company is listed on the Tokyo Stock Exchange Prime Market and is involved in various infrastructure projects, reflecting its market focus on construction and development sectors.

Average Trading Volume: 145,732

Technical Sentiment Signal: Buy

Current Market Cap: Yen17.23B

For an in-depth examination of 5269 stock, go to TipRanks’ Overview page.

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