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Nippon Densetsu Kogyo Co., Ltd. ( (JP:1950) ) has provided an announcement.
Nippon Densetsu Kogyo Co., Ltd. announced the establishment of a new subsidiary, JCroc Co., Ltd., through a simplified company split to enhance its telecommunications business. This strategic move is expected to allow for more agile and flexible business operations, positioning the company for growth in the telecommunications sector. The new subsidiary will be wholly owned by Nippon Densetsu Kogyo, with no anticipated financial obligations hindering its operations.
The most recent analyst rating on (JP:1950) stock is a Buy with a Yen3182.00 price target. To see the full list of analyst forecasts on Nippon Densetsu Kogyo Co., Ltd. stock, see the JP:1950 Stock Forecast page.
More about Nippon Densetsu Kogyo Co., Ltd.
Nippon Densetsu Kogyo Co., Ltd. operates in the electrical work and construction of information and communication systems industry. The company is focused on expanding its telecommunications business, which is a key area of growth.
Average Trading Volume: 85,861
Technical Sentiment Signal: Buy
Current Market Cap: Yen169.3B
Find detailed analytics on 1950 stock on TipRanks’ Stock Analysis page.