Odakyu Electric Railway Co. Records Extraordinary Income from Share Sale

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Odakyu Electric Railway Co. Records Extraordinary Income from Share Sale

Odakyu Electric Railway Co ( (JP:9007) ) just unveiled an update.

Odakyu Electric Railway Co., Ltd. announced the sale of its shares in Sotetsu Holdings, Inc., expecting to record a significant extraordinary income of 8.2 billion yen from this transaction. The proceeds from the sale will be used to enhance corporate value through active investments, strengthening shareholder returns, and improving human capital, aligning with the company’s Management Vision.

More about Odakyu Electric Railway Co

Odakyu Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its comprehensive rail network in Japan.

YTD Price Performance: 4.87%

Average Trading Volume: 1,431

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.53B

See more data about 9007 stock on TipRanks’ Stock Analysis page.

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