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The latest update is out from Nisshin OilliO Group, Ltd. ( (JP:2602) ).
The Nisshin OilliO Group, Ltd. has entered into a syndicated term loan agreement to support its medium-term business plan, Value UpX, which focuses on growth and strategic functions. The agreement, involving a total principal amount of 25 billion yen, is intended to finance capital expenditures and ensure financial stability, with financial covenants in place to maintain asset levels and prevent consecutive losses.
The most recent analyst rating on (JP:2602) stock is a Buy with a Yen5950.00 price target. To see the full list of analyst forecasts on Nisshin OilliO Group, Ltd. stock, see the JP:2602 Stock Forecast page.
More about Nisshin OilliO Group, Ltd.
The Nisshin OilliO Group, Ltd. operates in the food industry, focusing on the production and distribution of edible oils and related products. The company is known for its commitment to innovation and sustainability, aiming to enhance its market presence through strategic investments.
Average Trading Volume: 78,229
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen170.8B
For a thorough assessment of 2602 stock, go to TipRanks’ Stock Analysis page.