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The latest announcement is out from R&D Computer Co. Ltd. ( (JP:3924) ).
R&D Computer Co., Ltd. announced that shareholders at an extraordinary shareholders meeting have approved a share transfer plan, a key step in a previously disclosed management integration with Toho System Science Co., Ltd. The same proposal was also approved at Toho System Science’s extraordinary shareholders meeting, clearing the way for the establishment of a joint holding company through a joint stock transfer. This shareholder backing solidifies the companies’ integration roadmap and marks a significant milestone in restructuring their corporate governance and ownership, which is expected to reshape their competitive positioning within the IT and systems market once the joint holding structure is implemented.
The most recent analyst rating on (JP:3924) stock is a Buy with a Yen1082.00 price target. To see the full list of analyst forecasts on R&D Computer Co. Ltd. stock, see the JP:3924 Stock Forecast page.
More about R&D Computer Co. Ltd.
R&D Computer Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market (securities code 3924). While the specific industry and product lineup are not detailed in this release, the company operates in the broader IT and systems sector, as suggested by its collaboration with Toho System Science Co., Ltd., another systems-focused firm.
Average Trading Volume: 30,889
Technical Sentiment Signal: Buy
Current Market Cap: Yen17.21B
Find detailed analytics on 3924 stock on TipRanks’ Stock Analysis page.