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Noritz ( (JP:5943) ) just unveiled an update.
Noritz Corporation has completed a simplified partial share exchange to increase its stake in OGIHARA MFG.CO., Ltd., turning the firm into a consolidated subsidiary. Through the transaction, effective December 19, 2025, Noritz acquired 30,325 additional OGIHARA shares—exceeding the minimum acceptance threshold—and now holds 56,658 OGIHARA shares, raising its ownership from 32.5% to 69.9% in exchange for issuing 365,416 of its own shares, a move that strengthens its control and integration of OGIHARA within the group structure.
The most recent analyst rating on (JP:5943) stock is a Hold with a Yen1978.00 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 is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily engaged in the production and sale of housing-related equipment such as water heaters and related systems. The company focuses on residential and commercial building equipment, positioning itself within the broader construction and housing infrastructure industry in Japan and overseas.
Average Trading Volume: 108,678
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen84.37B
For detailed information about 5943 stock, go to TipRanks’ Stock Analysis page.