NYK Announces New Date for Share Exchange with ANA Holdings

Nippon Yusen Kabushiki Kaisha ( (JP:9101) ) has shared an update.

Nippon Yusen Kabushiki Kaisha (NYK) has announced a further change in the execution date of a share exchange between its subsidiary, Nippon Cargo Airlines Co., Ltd., and ANA Holdings, Inc. Originally scheduled for May 1, 2025, and then May 23, 2025, the date has now been moved to July 1, 2025, due to pending competition authority reviews in China. The change is not expected to significantly impact NYK’s consolidated business results, and the company remains committed to completing the exchange.

The most recent analyst rating on (JP:9101) stock is a Buy with a Yen7300.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.

More about Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (NYK) is a prominent player in the shipping and logistics industry, primarily involved in maritime transportation and related services. The company operates globally, focusing on cargo and passenger transport, and is known for its comprehensive logistics solutions.

YTD Price Performance: 3.55%

Average Trading Volume: 5,253,994

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2398.7B

For an in-depth examination of 9101 stock, go to TipRanks’ Stock Analysis page.