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An update from SERENDIP HOLDINGS Co. Ltd. ( (JP:7318) ) is now available.
SERENDIP HOLDINGS Co., Ltd. has announced a strategic reorganization involving a share exchange between its subsidiaries, Mitsuiya Kogyo Co., Ltd. and SERENDIP SPC No.1 Co., Ltd. This move aims to consolidate the development capabilities and production technologies of Mitsuiya Kogyo and EXCELL, enhancing synergies and shifting towards a comprehensive proposal-based business model. The reorganization will position SPC No. 1 as an intermediate holding company, renamed SERENDIP Automotive Co., Ltd., to strengthen its role in the automotive parts industry.
The most recent analyst rating on (JP:7318) stock is a Hold with a Yen1229.00 price target. To see the full list of analyst forecasts on SERENDIP HOLDINGS Co. Ltd. stock, see the JP:7318 Stock Forecast page.
More about SERENDIP HOLDINGS Co. Ltd.
SERENDIP HOLDINGS Co., Ltd. operates in the manufacturing sector, focusing on transforming Japan’s small- and medium-sized manufacturers into world-class enterprises through business succession via M&A. The company is involved in three core business departments: Manufacturing, Professional Solutions, and Investment, with a significant emphasis on the automotive parts segment.
Average Trading Volume: 383,083
Technical Sentiment Signal: Buy
Current Market Cap: Yen24.65B
For a thorough assessment of 7318 stock, go to TipRanks’ Stock Analysis page.