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SPACE CO., LTD. ( (JP:9622) ) just unveiled an announcement.
SPACE CO., LTD. has decided to transfer all its shares in MSC CO., LTD., effectively removing MSC from its consolidated subsidiaries. This strategic move follows successful synergies between the two companies and aims to allow each entity to pursue its unique growth strategies independently. Despite the share transfer, SPACE CO., LTD. will continue to collaborate with MSC CO., LTD. to enhance corporate value. The impact on SPACE CO., LTD.’s financial performance is expected to be negligible.
The most recent analyst rating on (JP:9622) stock is a Buy with a Yen1529.00 price target. To see the full list of analyst forecasts on SPACE CO., LTD. stock, see the JP:9622 Stock Forecast page.
More about SPACE CO., LTD.
SPACE CO., LTD. operates in the commercial space production industry, focusing on comprehensive production operations, planning, research, tenant leasing, and management of commercial facilities. The company has been involved in strengthening the capabilities of its subsidiaries to enhance its market presence.
Average Trading Volume: 40,016
Technical Sentiment Signal: Buy
Current Market Cap: Yen35.46B
For a thorough assessment of 9622 stock, go to TipRanks’ Stock Analysis page.