tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sun* to Acquire 40% Stake in BABEL Method to Bolster IT Talent Platform with Japanese Language Training

Story Highlights
  • Sun* Inc. will acquire a 40% stake in BABEL Method, maker of Japrise and BABELMETHOD.
  • The deal links BABEL’s language tools with Sun*’s overseas IT talent network to strengthen its Talent Platform.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sun* to Acquire 40% Stake in BABEL Method to Bolster IT Talent Platform with Japanese Language Training

Claim 70% Off TipRanks This Holiday Season

Sun Asterisk, Inc. ( (JP:4053) ) has shared an update.

Sun* Inc. has resolved to acquire 40% of the issued shares of BABEL Method Inc., developer of the CEFR-compliant online Japanese speaking test “Japrise” and the conversation training program “BABELMETHOD,” making it an equity-method affiliate. By combining BABEL’s Japanese language assessment and training solutions with Sun*’s overseas IT talent development and recruitment network, the company aims to build a stronger supply system of foreign IT professionals equipped with Japanese communication skills, reinforcing the competitiveness and differentiation of its Talent Platform and supporting companies’ digital transformation efforts in Japan.

The most recent analyst rating on (JP:4053) stock is a Buy with a Yen561.00 price target. To see the full list of analyst forecasts on Sun Asterisk, Inc. stock, see the JP:4053 Stock Forecast page.

More about Sun Asterisk, Inc.

Sun* Inc. is a digital creative studio that operates across six cities in four countries with more than 2,000 engineers and creators. The company specializes in business development that integrates business, technology and creativity, and runs a “Talent Platform” including the xseeds program, which develops overseas IT engineers—primarily in ASEAN—in partnership with leading universities, to supply highly skilled digital talent capable of contributing to Japan’s digital transformation initiatives.

Average Trading Volume: 188,932

Technical Sentiment Signal: Sell

Current Market Cap: Yen18.48B

For a thorough assessment of 4053 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1