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Renaissance,Incorporated ( (JP:2378) ) has provided an update.
Renaissance Incorporated has announced the acquisition of five ‘Myreha’ day service facilities, specializing in rehabilitation, from Leben Community Co., Ltd. This strategic move aligns with Renaissance’s philosophy and business model, aiming to enhance their nursing care rehabilitation services and expand their presence in areas where they previously had no facilities. The acquisition is expected to support local community health and address the growing demand for home rehabilitation services amidst a challenging nursing care environment.
The most recent analyst rating on (JP:2378) stock is a Hold with a Yen1241.00 price target. To see the full list of analyst forecasts on Renaissance,Incorporated stock, see the JP:2378 Stock Forecast page.
More about Renaissance,Incorporated
Renaissance Incorporated operates in the health and fitness industry, managing 144 fitness clubs in Japan and overseas. Their core business includes sports clubs such as swimming, tennis, and golf schools. They also have a long-term care rehabilitation business with 39 directly-managed clubs under the Genki Gym brand and 12 franchised clubs. The company focuses on health promotion and home fitness, aiming to transition from treatment to prevention to support lifelong active work and reduce social security costs.
Average Trading Volume: 53,998
Technical Sentiment Signal: Hold
Current Market Cap: Yen22.27B
For an in-depth examination of 2378 stock, go to TipRanks’ Overview page.