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SG Holdings Co ( (JP:9143) ) just unveiled an announcement.
SG Holdings will convert Hutech norin Co., Ltd., currently a second-tier subsidiary under Meito Transportation, into a direct subsidiary via a distribution in kind, as approved by its board on January 30, 2026. The move follows the 2025 merger that positioned Meito at the core of SG’s cold-chain strategy, and is intended to strengthen governance, speed up decision-making and deepen synergies in refrigerated and frozen logistics, supporting more efficient expansion of its nationwide low-temperature logistics operations.
The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1516.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.
More about SG Holdings Co
SG Holdings Co., Ltd. is a Japan-based logistics group listed on the Tokyo Stock Exchange Prime Market, operating through subsidiaries such as Sagawa Express and Meito Transportation. The group focuses on general freight, warehousing and, increasingly, high-value-added cold-chain and low-temperature logistics services across Japan, aiming to build one of the country’s leading chilled and frozen logistics networks.
Average Trading Volume: 1,976,713
Technical Sentiment Signal: Buy
Current Market Cap: Yen956.4B
See more data about 9143 stock on TipRanks’ Stock Analysis page.