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NIPPON ROAD CO., LTD. ( (JP:1884) ) has issued an update.
Nippon Road Co., Ltd. reported a significant increase in its financial performance for the three months ended June 30, 2025, with net sales rising by 9.2% and profit attributable to owners of the parent surging by 960.5% compared to the same period last year. The company announced its expected delisting due to becoming a wholly-owned subsidiary of Shimizu Corporation, which impacts its dividend forecast for the fiscal year ending March 31, 2026.
More about NIPPON ROAD CO., LTD.
Nippon Road Co., Ltd. operates in the construction industry, focusing on road construction and maintenance services. The company is listed on the Tokyo Stock Exchange Prime Market and is set to become a wholly-owned subsidiary of Shimizu Corporation.
Average Trading Volume: 233,743
Technical Sentiment Signal: Buy
Current Market Cap: Yen107.9B
For an in-depth examination of 1884 stock, go to TipRanks’ Overview page.