RAKUS Co., Ltd. Expands Global Reach with New Indonesian Subsidiary

An update from RAKUS Co., Ltd. ( (JP:3923) ) is now available.

RAKUS Co., Ltd. announced the establishment of a subsidiary in Jakarta, Indonesia, aiming to tap into the rapidly growing region’s talent pool and enhance its global development base. The subsidiary, PT. Reformasi Kerja Solusi, will be fully owned by RAKUS and is expected to have minimal immediate impact on the company’s consolidated results, though significant future impacts will be disclosed as necessary.

More about RAKUS Co., Ltd.

RAKUS Co., Ltd. is a company listed on the Tokyo PRIME stock exchange, primarily engaged in the development of cloud services. The company is expanding its operations by establishing a subsidiary in Indonesia to leverage the local talent pool and enhance its global development capabilities.

YTD Price Performance: -6.27%

Average Trading Volume: 812,666

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen320.6B

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