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System Research Co., Ltd. Completes Share Distribution, Alters Major Shareholders

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System Research Co., Ltd. Completes Share Distribution, Alters Major Shareholders

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System Research Co., Ltd. ( (JP:3771) ) has provided an announcement.

System Research Co., Ltd. has completed an off-floor distribution of 800,000 shares, resulting in a change in its major shareholders. This move, aimed at improving share distribution and liquidity, led to Toshiyuki Yamada no longer being the largest shareholder, with his voting rights dropping from 14.39% to 9.57%. The company states that this change will not impact its financial results.

The most recent analyst rating on (JP:3771) stock is a Buy with a Yen2553.00 price target. To see the full list of analyst forecasts on System Research Co., Ltd. stock, see the JP:3771 Stock Forecast page.

More about System Research Co., Ltd.

System Research Co., Ltd. operates in the technology sector, focusing on the distribution and liquidity of its shares. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

Average Trading Volume: 52,347

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.49B

See more data about 3771 stock on TipRanks’ Stock Analysis page.

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