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Onward Holdings Co., Ltd. ( (JP:8016) ) has shared an update.
Onward Holdings Co., Ltd. has announced the transfer of non-current assets from its subsidiary, Onward Corporate Design Co., Ltd., as part of its ONWARD VISION 2030 strategy. This move aims to streamline assets and accelerate digital transformation and growth investments. The transfer of land and buildings in Chiyoda-ku, Tokyo, to Nomura Real Estate Development Co., Ltd. is expected to generate approximately 3.2 billion yen in extraordinary income, impacting the company’s financial results positively for the fiscal year ending February 28, 2026.
The most recent analyst rating on (JP:8016) stock is a Buy with a Yen699.00 price target. To see the full list of analyst forecasts on Onward Holdings Co., Ltd. stock, see the JP:8016 Stock Forecast page.
More about Onward Holdings Co., Ltd.
Onward Holdings Co., Ltd. operates in the fashion and apparel industry, focusing on the planning, production, and sales of uniforms, menswear, womenswear, jewelry, and health-related products. The company also provides branding and consulting services related to store and office design.
Average Trading Volume: 810,689
Technical Sentiment Signal: Buy
Current Market Cap: Yen89.08B
See more insights into 8016 stock on TipRanks’ Stock Analysis page.