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RAKUS Co., Ltd. Reports Successful Sale of Kaonavi Shares

Story Highlights

RAKUS Co., Ltd. ( (JP:3923) ) has shared an announcement.

RAKUS Co., Ltd. announced the successful completion of its tender offer for Kaonavi, Inc. shares, resulting in a total sale of JPY 2,542 million. This transaction will lead to an extraordinary profit of JPY 1,491 million, which will be reflected in the company’s financial results for the first quarter of the fiscal year ending March 2026, highlighting a positive impact on its financial standing.

More about RAKUS Co., Ltd.

RAKUS Co., Ltd. operates in the technology industry, focusing on providing cloud-based services and solutions. The company is listed on the Tokyo PRIME stock exchange and is known for its innovative approaches in enhancing business efficiency through digital transformation.

YTD Price Performance: 7.86%

Average Trading Volume: 862,319

Technical Sentiment Signal: Sell

Current Market Cap: Yen367.3B

For an in-depth examination of 3923 stock, go to TipRanks’ Stock Analysis page.

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