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Sojitz Establishes New Subsidiary for Energy and Infrastructure Investments

Story Highlights
  • Sojitz has created Sojitz Capella Corporation B.V. to invest in energy and infrastructure.
  • The new subsidiary’s impact on Sojitz’s performance is expected to be minimal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sojitz Establishes New Subsidiary for Energy and Infrastructure Investments

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Sojitz ( (JP:2768) ) just unveiled an announcement.

Sojitz Corporation has completed the establishment of a special purpose company, Sojitz Capella Corporation B.V., to enhance its investment capabilities in the energy and infrastructure sectors. This move, involving a capital amount significant enough to qualify the new entity as a specified subsidiary, is not expected to have a substantial impact on Sojitz’s overall business performance.

The most recent analyst rating on (JP:2768) stock is a Buy with a Yen4550.00 price target. To see the full list of analyst forecasts on Sojitz stock, see the JP:2768 Stock Forecast page.

More about Sojitz

Sojitz Corporation operates in the energy and infrastructure sectors, focusing on investments and development within these industries.

Average Trading Volume: 1,201,085

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen718B

Learn more about 2768 stock on TipRanks’ Stock Analysis page.

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