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Tenox Corporation ( (JP:1905) ) has provided an announcement.
Tenox Corporation has entered into a capital and business alliance with Japan Home Shield Corporation (JHS), subscribing to new shares via a third-party allotment and acquiring additional shares from JHS’s largest shareholder, MCP5 Investment Limited Partnership, to deepen their strategic collaboration. Through this partnership, Tenox and JHS plan to jointly develop highly earthquake-resistant foundation construction methods for detached houses, build a proprietary large-scale ground data and analysis platform by combining Tenox’s 40,000 construction records with JHS’s 2.4 million ground investigations, and leverage each other’s customer bases to deliver advanced digital solutions and stronger seismic resilience offerings, aiming to enhance both companies’ corporate value and competitive positioning in Japan’s structurally challenged construction market.
The most recent analyst rating on (JP:1905) stock is a Buy with a Yen1449.00 price target. To see the full list of analyst forecasts on Tenox Corporation stock, see the JP:1905 Stock Forecast page.
More about Tenox Corporation
Tenox Corporation is a Japanese construction company founded in 1970 that specializes in foundation construction, playing a leading role in the foundation construction industry and contributing to social infrastructure through its quality and reliability. The company focuses on providing safety and peace of mind in architectural and civil engineering structures, positioning itself as a key player in the development and reinforcement of building foundations amid growing concerns over seismic risks and structural resilience in Japan.
Average Trading Volume: 8,596
Technical Sentiment Signal: Buy
Current Market Cap: Yen8.94B
Learn more about 1905 stock on TipRanks’ Stock Analysis page.