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Procrea Holdings,Inc. ( (JP:7384) ) has provided an announcement.
Procrea Holdings will merge its wholly owned leasing subsidiaries Aogin Lease, Inc. and Michinoku Leasing Co., Ltd. in an absorption-type transaction, with Aogin Lease as the surviving entity to be renamed Aomori Michinoku Lease Co., Ltd. on July 1, 2026. The reorganization, which involves no capital increase, share allocation or cash consideration, is part of the company’s second medium-term management plan and is aimed at strengthening group-wide capabilities by consolidating know-how, information and networks, improving management efficiency, and expanding earning opportunities; the group will also change the trade names of several other consolidated subsidiaries to further unify its brand and operations.
The most recent analyst rating on (JP:7384) stock is a Hold with a Yen1740.00 price target. To see the full list of analyst forecasts on Procrea Holdings,Inc. stock, see the JP:7384 Stock Forecast page.
More about Procrea Holdings,Inc.
Procrea Holdings, Inc. is a Japanese financial group listed on the Tokyo Stock Exchange Prime Market, with consolidated subsidiaries focused on leasing, credit guarantee, servicing and related financial services in the Aomori region. Through companies such as Aogin Lease, Inc. and Michinoku Leasing Co., Ltd., the group provides leasing solutions to meet a wide range of regional customer and corporate financing needs.
Average Trading Volume: 74,650
Technical Sentiment Signal: Buy
Current Market Cap: Yen58.46B
Learn more about 7384 stock on TipRanks’ Stock Analysis page.