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Sumitomo Forestry Co ( (JP:1911) ) has issued an announcement.
Sumitomo Forestry Co., Ltd. has completed the acquisition of Teal Jones Louisiana Holdings LLC, making it a wholly owned subsidiary. The acquisition price was adjusted from USD $42 million to USD $29 million, and the acquisition date was finalized as July 1, 2025. The company is assessing the impact of this acquisition on its financial results for the fiscal year ending December 31, 2025.
The most recent analyst rating on (JP:1911) stock is a Buy with a Yen7620.00 price target. To see the full list of analyst forecasts on Sumitomo Forestry Co stock, see the JP:1911 Stock Forecast page.
More about Sumitomo Forestry Co
Sumitomo Forestry Co., Ltd. operates in the forestry and wood products industry, focusing on sustainable forestry management and the production of timber and wood-related products. The company is listed on the Tokyo Stock Exchange and aims to expand its market presence through strategic acquisitions.
Average Trading Volume: 4,189,011
Technical Sentiment Signal: Hold
Current Market Cap: Yen887.3B
Find detailed analytics on 1911 stock on TipRanks’ Stock Analysis page.