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Ryobi ( (JP:5851) ) has provided an update.
Ryobi Limited has announced the conclusion of syndicated loan contracts, including a green loan, to fund capital investments in a new large-scale product prototype plant and a ZEB Ready certified headquarters building. This initiative highlights Ryobi’s commitment to sustainable practices and technological advancements, particularly in supporting the automotive industry’s shift towards electric vehicles, while also fulfilling its corporate social responsibilities.
The most recent analyst rating on (JP:5851) stock is a Buy with a Yen2667.00 price target. To see the full list of analyst forecasts on Ryobi stock, see the JP:5851 Stock Forecast page.
More about Ryobi
Ryobi Limited operates in the die casting industry, providing advanced casting solutions primarily for the automotive sector. The company focuses on innovative technologies like Giga Casting to enhance efficiency and support the electrification of vehicles.
Average Trading Volume: 101,834
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen80.27B
See more data about 5851 stock on TipRanks’ Stock Analysis page.