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Shibusawa Warehouse Co., Ltd. ( (JP:9304) ) has issued an announcement.
Shibusawa Logistics Corporation has decided to tender all its shares in Fujitec Co., Ltd. in a tender offer by Bospolder 1 Corporation, expecting to record extraordinary income in Q3 of the fiscal year ending March 2026. This decision, supported by Fujitec’s Board, is anticipated to result in a gain of 2,658 million yen, although the full impact on the company’s earnings forecast is still under review.
The most recent analyst rating on (JP:9304) stock is a Buy with a Yen5009.00 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 warehousing and transportation services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its strategic investments and cross-shareholdings.
Average Trading Volume: 108,515
Technical Sentiment Signal: Buy
Current Market Cap: Yen70.29B
See more insights into 9304 stock on TipRanks’ Stock Analysis page.