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Toei Company, Ltd. ( (JP:9605) ) has issued an update.
Toei Company, Ltd. has announced a revision to its previous notice regarding the conversion of its subsidiary, T-Joy Co., Ltd., into a wholly owned subsidiary through a simplified share exchange. The amendment was necessitated by a shareholder exercising appraisal rights, leading to a change in the number of shares to be issued in the exchange, reducing from 708,000 to 613,600 shares. This adjustment reflects the company’s responsiveness to shareholder actions and may impact its strategic consolidation efforts.
The most recent analyst rating on (JP:9605) stock is a Hold with a Yen6100.00 price target. To see the full list of analyst forecasts on Toei Company, Ltd. stock, see the JP:9605 Stock Forecast page.
More about Toei Company, Ltd.
Toei Company, Ltd. operates in the entertainment industry, primarily focusing on film production, distribution, and exhibition. The company is known for its extensive portfolio of movies and animations, catering to both domestic and international markets.
Average Trading Volume: 93,542
Technical Sentiment Signal: Buy
Current Market Cap: Yen368.9B
Learn more about 9605 stock on TipRanks’ Stock Analysis page.