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The latest announcement is out from Noritz ( (JP:5943) ).
Noritz Corporation has announced the cancellation of its board resolution for a partial share exchange with Ogihara MFG. Co., Ltd. due to procedural defects related to the unfiled Securities Registration Statement. The company plans to rectify this by preparing the necessary documentation to comply with financial regulations, which will allow them to proceed with the share exchange in the future.
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, primarily focusing on water heaters and related products. The company is listed on the Tokyo Stock Exchange and aims to expand its market presence through strategic partnerships and acquisitions.
Average Trading Volume: 108,428
Technical Sentiment Signal: Buy
Current Market Cap: Yen88.96B
See more data about 5943 stock on TipRanks’ Stock Analysis page.