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Park24 Co. Secures 45 Billion Yen for Growth Initiatives

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Park24 Co. Secures 45 Billion Yen for Growth Initiatives

Meet Your ETF AI Analyst

Park24 Co ( (JP:4666) ) just unveiled an announcement.

Park24 Co., Ltd. has announced a new financing initiative through borrowing, as resolved by its Board of Directors. This funding, amounting to 45 billion yen, will support the company’s growth initiatives under its FY2027 Medium-term Management Plan, including network expansion and service enhancement. The borrowings, which include both long-term and short-term facilities, are expected to have an immaterial impact on the company’s consolidated results for the fiscal year ending October 31, 2026.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

More about Park24 Co

Park24 Co., Ltd. operates in the mobility services industry, focusing on expanding networks of people, cars, communities, and parking. The company aims to evolve into a mobility services platform operator by enhancing its services and expanding its network.

YTD Price Performance: -19.60%

Average Trading Volume: 900,777

Technical Sentiment Signal: Sell

Current Market Cap: Yen298.4B

Learn more about 4666 stock on TipRanks’ Stock Analysis page.

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