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Ryohin Keikaku Co ( (JP:7453) ) has issued an announcement.
Ryohin Keikaku Co., Ltd. has announced the establishment of MUJI ENERGY LLC, a new subsidiary focused on renewable power generation, in collaboration with JERA Co., Inc. This move is part of the company’s strategy to reduce greenhouse gas emissions by 50% by FY2030. MUJI ENERGY will sell electricity to JERA Cross and enter into a virtual power purchase agreement to reduce CO2 emissions at its facilities. Ryohin Keikaku will own 80% of the new entity, marking a significant investment aimed at enhancing its environmental value and sustainability efforts.
The most recent analyst rating on (JP:7453) stock is a Hold with a Yen2920.00 price target. To see the full list of analyst forecasts on Ryohin Keikaku Co stock, see the JP:7453 Stock Forecast page.
More about Ryohin Keikaku Co
Ryohin Keikaku Co., Ltd. operates in the retail industry, known for its MUJI brand, offering a wide range of household and consumer goods. The company is focusing on sustainability and environmental initiatives, particularly in renewable energy.
Average Trading Volume: 4,656,024
Technical Sentiment Signal: Buy
Current Market Cap: Yen1807.4B
For detailed information about 7453 stock, go to TipRanks’ Stock Analysis page.