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

Story Highlights
  • RAKUS Co., Ltd. establishes a subsidiary in Jakarta to expand its global development base.
  • The new subsidiary is expected to have minimal immediate impact on RAKUS’s results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RAKUS Co., Ltd. Expands Global Reach with New Indonesian Subsidiary

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The latest update is out from RAKUS Co., Ltd. ( (JP:3923) ).

RAKUS Co., Ltd. has established a new subsidiary, PT. Reformasi Kerja Solusi, in Jakarta, Indonesia, to capitalize on the region’s talent pool and enhance its global development capabilities. This strategic move is expected to have minimal immediate impact on the company’s consolidated results, but it positions RAKUS for potential growth in the cloud services market.

The most recent analyst rating on (JP:3923) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on RAKUS Co., Ltd. stock, see the JP:3923 Stock Forecast page.

More about RAKUS Co., Ltd.

RAKUS Co., Ltd. is a company listed on the Tokyo PRIME stock exchange, known for its development of cloud services. The company is focused on leveraging global talent and expanding its development base, particularly in rapidly growing regions like Indonesia.

Average Trading Volume: 778,729

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen406.3B

For a thorough assessment of 3923 stock, go to TipRanks’ Stock Analysis page.

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