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NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ) has issued an announcement.
NIPPON EXPRESS HOLDINGS, INC. has announced the transfer of all shares of its subsidiary, NX Real Estate Co., Ltd., to Nippon Themepark Development Co., Ltd. This decision aligns with the company’s strategy to enhance corporate value by focusing on growth businesses and liquidating low-profit operations. The transfer is expected to benefit both companies, with NTD leveraging its expertise in villa property and resort management to enhance the sustainability and growth of the transferred business.
The most recent analyst rating on (JP:9147) stock is a Hold with a Yen3457.00 price target. To see the full list of analyst forecasts on NIPPON EXPRESS HOLDINGS,INC. stock, see the JP:9147 Stock Forecast page.
More about NIPPON EXPRESS HOLDINGS,INC.
NIPPON EXPRESS HOLDINGS, INC. operates in the logistics industry, providing comprehensive transportation and logistics services. The company focuses on enhancing corporate value through strategic business portfolio management, aiming for sustainable growth by shifting towards high-growth sectors and divesting non-core businesses.
Average Trading Volume: 947,222
Technical Sentiment Signal: Buy
Current Market Cap: Yen785B
See more insights into 9147 stock on TipRanks’ Stock Analysis page.