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An announcement from Showa Sangyo Co., Ltd. ( (JP:2004) ) is now available.
Showa Sangyo Co., Ltd. announced a secondary offering of shares involving several financial institutions, with a total of 3,236,000 shares of common stock to be sold. This move is aimed at adjusting the company’s capital structure and potentially enhancing its market position, although the exact financial impact will depend on market demand and pricing.
The most recent analyst rating on (JP:2004) stock is a Buy with a Yen3315.00 price target. To see the full list of analyst forecasts on Showa Sangyo Co., Ltd. stock, see the JP:2004 Stock Forecast page.
More about Showa Sangyo Co., Ltd.
Showa Sangyo Co., Ltd. is a company listed on the Tokyo Stock Exchange with a focus on various industries, including financial services and insurance, as indicated by its association with banks and insurance companies.
Average Trading Volume: 27,790
Technical Sentiment Signal: Buy
Current Market Cap: Yen99.92B
Find detailed analytics on 2004 stock on TipRanks’ Stock Analysis page.