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The latest announcement is out from Sumitomo Osaka Cement Co ( (JP:5232) ).
Sumitomo Osaka Cement Co., Ltd. announced its decision to sell a portion of its investment securities as part of a strategic move to improve capital efficiency and reduce cross-shareholdings. This initiative aligns with the company’s governance policy and targets reducing the ratio of cross-shareholdings to consolidated net assets below 10% by fiscal 2026. The sale, expected to generate an estimated gain of ¥3.7 billion, will occur between July 2025 and March 2026, with potential impacts on the company’s earnings forecast currently under review.
The most recent analyst rating on (JP:5232) stock is a Buy with a Yen4620.00 price target. To see the full list of analyst forecasts on Sumitomo Osaka Cement Co stock, see the JP:5232 Stock Forecast page.
More about Sumitomo Osaka Cement Co
Sumitomo Osaka Cement Co., Ltd. operates in the cement industry, focusing on the production and sale of cement and related products. The company is a significant player in the market, aiming to enhance its capital efficiency and governance through strategic financial decisions.
Average Trading Volume: 218,837
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen123.4B
For an in-depth examination of 5232 stock, go to TipRanks’ Overview page.