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Sala Corporation ( (JP:2734) ) has provided an announcement.
SALA Corporation announced a strategic decision to transfer a portion of its shares in Shinkyo Giken Co., Ltd., a subsidiary manufacturing motorcycle parts, to Snic Co., Ltd., a subsidiary of SUZUKI MOTOR CORPORATION. This move aims to facilitate joint management with SUZUKI, ensuring the smooth continuation of Shinkyo Giken’s operations while leveraging its technological expertise. The transfer reflects the company’s response to significant transformations in the automotive industry, allowing it to focus on more synergistic opportunities.
The most recent analyst rating on (JP:2734) stock is a Hold with a Yen1141.00 price target. To see the full list of analyst forecasts on Sala Corporation stock, see the JP:2734 Stock Forecast page.
More about Sala Corporation
SALA Corporation operates in the automotive parts industry, focusing on manufacturing motorcycle parts. It has been working to create synergies with its Energy & Solutions business, primarily serving major clients like SUZUKI MOTOR CORPORATION.
Average Trading Volume: 93,290
Technical Sentiment Signal: Buy
Current Market Cap: Yen69.37B
For detailed information about 2734 stock, go to TipRanks’ Stock Analysis page.