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Riso Kyoiku Co., Ltd. ( (JP:4714) ) has issued an update.
Riso Kyoiku Co., Ltd. announced that Hulic Co., Ltd. has become its parent company through a tender offer and a third-party allotment of new shares, strengthening their relationship. This alliance aims to explore new educational business opportunities and utilize Hulic’s real estate for strategic developments, ensuring fair transactions and protecting minority shareholders’ interests.
More about Riso Kyoiku Co., Ltd.
Riso Kyoiku Co., Ltd. operates in the education industry, focusing on exploring new business opportunities related to education. The company has formed a capital and business alliance with Hulic Co., Ltd., leveraging Hulic’s real estate assets and expertise to enhance its educational initiatives.
YTD Price Performance: -23.58%
Average Trading Volume: 230,316
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen41.3B
See more insights into 4714 stock on TipRanks’ Stock Analysis page.