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Otsuka Holdings Co ( (JP:4578) ) has provided an update.
Otsuka Holdings Co., Ltd. announced an amendment to its previously disclosed share transfer agreement involving Otsuka Medical Devices Co., Ltd. The amendment was necessitated by a request from one of the counterparties, Mr. Jonathan W. Chen, to postpone the closing date and change the contracting party to an entity he owns. This change aims to expedite the necessary procedures for the share transfer, impacting the scheduled transfer date and transferee details.
The most recent analyst rating on (JP:4578) stock is a Hold with a Yen8500.00 price target. To see the full list of analyst forecasts on Otsuka Holdings Co stock, see the JP:4578 Stock Forecast page.
More about Otsuka Holdings Co
Otsuka Holdings Co., Ltd. operates in the pharmaceutical and medical device industry, focusing on the development and distribution of healthcare products. The company is listed on the Tokyo Stock Exchange and is known for its innovative approach in the healthcare sector.
Average Trading Volume: 1,452,150
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen4255.3B
See more insights into 4578 stock on TipRanks’ Stock Analysis page.