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An update from RICOH CO ( (JP:7752) ) is now available.
Ricoh Company, Ltd. announced that its subsidiary, ETRIA CO., Ltd., has executed an absorption-type company split agreement with Oki Electric Industry Co., Ltd. This agreement allows ETRIA to succeed OKI’s business related to multifunction printers and acquire shares of OKI’s subsidiary in Thailand. This strategic move is part of Ricoh’s ongoing efforts to strengthen its position in the multifunction printer market, following a previously announced business integration with OKI and Toshiba Tec Corporation.
The most recent analyst rating on (JP:7752) stock is a Hold with a Yen1400.00 price target. To see the full list of analyst forecasts on RICOH CO stock, see the JP:7752 Stock Forecast page.
More about RICOH CO
Ricoh Company, Ltd. operates in the technology industry, focusing on the development and production of multifunction printers and related products. It collaborates with other companies, such as Toshiba Tec Corporation, to enhance its offerings in this market.
Average Trading Volume: 2,203,127
Technical Sentiment Signal: Buy
Current Market Cap: Yen866.2B
Learn more about 7752 stock on TipRanks’ Stock Analysis page.