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Central Japan Railway Company ( (JP:9022) ) has shared an update.
Nippon Sharyo, Ltd., a subsidiary of Central Japan Railway Company, announced the dissolution of its overseas subsidiary, Nippon Sharyo Manufacturing, LLC, in Illinois, USA, expected to be completed by March 2026. The dissolution and improved financial performance have led to a revised forecast for the fiscal year ending March 31, 2026, with expected increases in net sales, operating profit, and profit attributable to owners, indicating a positive outlook for the company’s financial health.
The most recent analyst rating on (JP:9022) stock is a Buy with a Yen4739.00 price target. To see the full list of analyst forecasts on Central Japan Railway Company stock, see the JP:9022 Stock Forecast page.
More about Central Japan Railway Company
Central Japan Railway Company operates within the railway industry, providing transportation services and related products. Nippon Sharyo, Ltd., a subsidiary, focuses on manufacturing railway rolling stock products and services.
Average Trading Volume: 2,492,944
Technical Sentiment Signal: Buy
Current Market Cap: Yen4121B
See more insights into 9022 stock on TipRanks’ Stock Analysis page.