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NPR-RIKEN CORPORATION ( (JP:6209) ) just unveiled an update.
NPR-RIKEN CORPORATION has approved the renaming and head office relocation of its wholly owned subsidiaries Riken Corporation and Nippon Piston Ring Co., Ltd., effective April 1, 2026. Riken will become NPR-RIKEN NIIGATA CORPORATION and move its head office to Kashiwazaki, Niigata, while Nippon Piston Ring will be renamed NPR-RIKEN PRECISION CORPORATION with its head office relocated to Nogi-machi, Tochigi. These changes support the group’s shift to a business holding company structure organized by strategic business units, intended to dismantle legacy vertical business lines, strengthen integration between the two operations, and enhance synergy creation and overall corporate value within the NPR-RIKEN group.
The most recent analyst rating on (JP:6209) stock is a Buy with a Yen4163.00 price target. To see the full list of analyst forecasts on NPR-RIKEN CORPORATION stock, see the JP:6209 Stock Forecast page.
More about NPR-RIKEN CORPORATION
NPR-RIKEN CORPORATION, listed on the TSE Prime Market, operates in the automotive and industrial components sector through wholly owned subsidiaries Riken Corporation and Nippon Piston Ring Co., Ltd. Riken manufactures and sells automobile parts and other industrial parts, while Nippon Piston Ring produces automobile-related products, marine products and other components, together forming a group focused on supplying key precision parts to transportation and industrial markets.
Average Trading Volume: 68,810
Technical Sentiment Signal: Buy
Current Market Cap: Yen99.49B
Learn more about 6209 stock on TipRanks’ Stock Analysis page.