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Nippon Parking Development Co., Ltd. ( (JP:2353) ) just unveiled an update.
Nippon Parking Development Co., Ltd. announced that its subsidiary, Nippon Themepark Development Co., Ltd., has entered into a share transfer agreement to acquire shares of NX Real Estate Co., Ltd. This acquisition is part of their strategy to expand nationwide and enhance regional revitalization through tourism. The move aligns with their goal to establish a stable revenue base in the Izu area, leveraging its tourism resources. The company plans to further develop the Izu region by acquiring shares of Izu Kanko Kaihatsu and operating the Amagi Tokyu Resort, aiming to create core bases for revitalization.
The most recent analyst rating on (JP:2353) stock is a Buy with a Yen312.00 price target. To see the full list of analyst forecasts on Nippon Parking Development Co., Ltd. stock, see the JP:2353 Stock Forecast page.
More about Nippon Parking Development Co., Ltd.
Nippon Parking Development Co., Ltd. operates in the parking and theme park industry, focusing on revitalizing underutilized parking facilities and managing theme parks and amusement facilities. The company has diversified into new businesses like ski resorts and theme parks to capture emerging market demands.
Average Trading Volume: 1,191,800
Technical Sentiment Signal: Buy
Current Market Cap: Yen88.46B
Find detailed analytics on 2353 stock on TipRanks’ Stock Analysis page.