Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Sugimoto & Co., Ltd. ( (JP:9932) ) is now available.
Sugimoto & Co., Ltd. has announced an investment in INDUSTRIAL-X Inc. to enhance its DX-related offerings and strengthen its partnership with the company. INDUSTRIAL-X provides DX Professional and Platform Services to support corporate digital transformation in Japan. The investment is part of Sugimoto’s strategy to reinforce its business foundation and pursue its vision of becoming a sustainable ‘200-year company.’ The financial impact of this investment is expected to be minimal for the current fiscal year.
More about Sugimoto & Co., Ltd.
Sugimoto & Co., Ltd. operates in the digital transformation (DX) industry, focusing on selling DX-related products and offering implementation consulting services. The company aims to strengthen its market position by leveraging its existing customer base and collaborating with innovative startups.
YTD Price Performance: -12.11%
Average Trading Volume: 22,826
Technical Sentiment Signal: Sell
Current Market Cap: Yen25.6B
For a thorough assessment of 9932 stock, go to TipRanks’ Stock Analysis page.