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Nittetsu Mining Co., Ltd. ( (JP:1515) ) has issued an update.
Nittetsu Mining Co., Ltd. will consolidate the silica stone mining and distribution business of its wholly owned subsidiary Youra Silicastone Co., Ltd. in the Nitaku district through an absorption-type company split effective April 1, 2026, with Nittetsu as the successor company. Youra will be re-positioned to focus on mine closure management in the Honzan district, a move the group says is aimed at improving management efficiency while having no effect on consolidated financial results, no change in capital, and no need for shareholder approval due to the simplified intra-group restructuring.
The most recent analyst rating on (JP:1515) stock is a Hold with a Yen3610.00 price target. To see the full list of analyst forecasts on Nittetsu Mining Co., Ltd. stock, see the JP:1515 Stock Forecast page.
More about Nittetsu Mining Co., Ltd.
Nittetsu Mining Co., Ltd. is a Japanese resources company listed on the Tokyo Stock Exchange Prime Market that operates in the mining and mineral products industry, with activities including the extraction and distribution of materials such as silica stone for industrial use.
Average Trading Volume: 714,611
Technical Sentiment Signal: Buy
Current Market Cap: Yen266.7B
See more insights into 1515 stock on TipRanks’ Stock Analysis page.