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Noritz ( (JP:5943) ) just unveiled an update.
Noritz Corporation has made a correction to its earlier announcement regarding the partial share exchange with Ogihara MFG. Co., Ltd., which aims to make Ogihara a subsidiary. The correction involves an adjustment in the perpetual growth rate from a range of -0.5% to 0.5% to a new rate of 2.0%, potentially impacting the valuation and strategic positioning of the company.
The most recent analyst rating on (JP:5943) stock is a Hold with a Yen2096.00 price target. To see the full list of analyst forecasts on Noritz stock, see the JP:5943 Stock Forecast page.
More about Noritz
Noritz Corporation operates in the manufacturing industry, specializing in water heaters and related products. The company focuses on providing energy-efficient and environmentally friendly solutions, primarily serving residential and commercial markets.
Average Trading Volume: 108,010
Technical Sentiment Signal: Buy
Current Market Cap: Yen87.38B
Find detailed analytics on 5943 stock on TipRanks’ Stock Analysis page.