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Nippon Paint Holdings Updates Subsidiary Status

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Nippon Paint Holdings Updates Subsidiary Status

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Nippon Paint Holdings Co ( (JP:4612) ) just unveiled an announcement.

Nippon Paint Holdings Co., Ltd. announced corrections to its previous notice regarding changes in its specified subsidiaries. The corrections highlight that LSF11 A5 Netherlands B.V., a wholly owned subsidiary of LSF11 A5 HoldCo LLC, now qualifies as a specified subsidiary due to its capital exceeding 10% of NPHD’s capital. This adjustment reflects the company’s strategic financial structuring and may impact its operational and market positioning by strengthening its subsidiary network.

The most recent analyst rating on (JP:4612) stock is a Hold with a Yen1141.00 price target. To see the full list of analyst forecasts on Nippon Paint Holdings Co stock, see the JP:4612 Stock Forecast page.

More about Nippon Paint Holdings Co

Nippon Paint Holdings Co., Ltd. operates in the paint and coatings industry, providing a wide range of products including decorative paints, industrial coatings, and surface treatments. The company focuses on expanding its market presence globally, with a significant emphasis on sustainability and innovation in its product offerings.

Average Trading Volume: 4,018,229

Technical Sentiment Signal: Sell

Current Market Cap: Yen2374.4B

For detailed information about 4612 stock, go to TipRanks’ Stock Analysis page.

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