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Nippon Paper Industries to Eliminate Cross-Shareholdings for Sustainable Growth

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Nippon Paper Industries to Eliminate Cross-Shareholdings for Sustainable Growth

Confident Investing Starts Here:

Nippon Paper ( (JP:3863) ) just unveiled an announcement.

Nippon Paper Industries has announced a strategic initiative to reduce its cross-shareholdings, aiming to eliminate them in principle. This move is intended to enhance corporate value and support sustainable growth, with funds from the reduction being reinvested into growth and environmental projects.

The most recent analyst rating on (JP:3863) stock is a Sell with a Yen900.00 price target. To see the full list of analyst forecasts on Nippon Paper stock, see the JP:3863 Stock Forecast page.

More about Nippon Paper

Nippon Paper Industries Co., Ltd. operates in the paper industry, focusing on producing paper products and related services. The company is involved in strategic business relationships and aims to enhance its corporate value through long-term business strategies.

Average Trading Volume: 725,713

Technical Sentiment Signal: Hold

Current Market Cap: Yen119.9B

Learn more about 3863 stock on TipRanks’ Stock Analysis page.

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