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Shibusawa Warehouse Co., Ltd. ( (JP:9304) ) has shared an update.
Shibusawa Logistics Corporation announced the successful completion of a tender offer for its shares in Fujitec Co., Ltd., resulting in the sale of all 564,700 shares at a price of 5,700 yen each, totaling 3,218,790,000 yen. This transaction will record an extraordinary income of 2,658 million yen in the company’s Q3 financial results for the fiscal year ending March 2026, potentially impacting future earnings forecasts.
The most recent analyst rating on (JP:9304) stock is a Hold with a Yen1304.00 price target. To see the full list of analyst forecasts on Shibusawa Warehouse Co., Ltd. stock, see the JP:9304 Stock Forecast page.
More about Shibusawa Warehouse Co., Ltd.
Shibusawa Logistics Corporation operates in the logistics industry, focusing on providing comprehensive warehousing and transportation services. The company is listed on the TSE Prime Market and is known for its strategic investments and financial management.
Average Trading Volume: 107,136
Technical Sentiment Signal: Buy
Current Market Cap: Yen73.03B
For detailed information about 9304 stock, go to TipRanks’ Stock Analysis page.