Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
MIDAC HOLDINGS CO. LTD. ( (JP:6564) ) has shared an update.
MIDAC HOLDINGS CO., LTD. announced that Japan’s Supreme Court has dismissed a final appeal and refused to accept a petition filed by four local residents seeking to overturn permission for the installation of facilities at the Okuyama-No-Mori Clean Center landfill operated by its subsidiary MIDAC Co., Ltd. The decision upholds earlier rulings by the Shizuoka District Court and the Tokyo High Court that rejected the plaintiffs’ claims and placed legal costs on them, conclusively resolving the litigation in MIDAC’s favor and confirming that the outcome will have no impact on the company’s consolidated financial results.
The most recent analyst rating on (JP:6564) stock is a Hold with a Yen2164.00 price target. To see the full list of analyst forecasts on MIDAC HOLDINGS CO. LTD. stock, see the JP:6564 Stock Forecast page.
More about MIDAC HOLDINGS CO. LTD.
MIDAC HOLDINGS CO., LTD., listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, operates through consolidated subsidiaries such as MIDAC Co., Ltd., which manages waste-related facilities including the Controlled Landfill Site Okuyama-No-Mori Clean Center in Hamamatsu City, Shizuoka Prefecture, focusing on environmental and waste treatment services.
Average Trading Volume: 73,452
Technical Sentiment Signal: Buy
Current Market Cap: Yen53.23B
See more data about 6564 stock on TipRanks’ Stock Analysis page.