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Oji Holdings Revises Shareholding Reduction Strategy

Oji Holdings Revises Shareholding Reduction Strategy

Oji Holdings (JP:3861) has released an update.

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Oji Holdings announced a revised plan to reduce its strategic shareholdings to enhance corporate value, setting a new target of reducing holdings by 70 billion yen by fiscal year 2027. The funds from these reductions will be used for sustainable growth investments and shareholder returns. The company has already achieved a reduction of 10.6 billion yen this fiscal year, with a total target of 40 billion yen for the year.

For further insights into JP:3861 stock, check out TipRanks’ Stock Analysis page.

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