TOHO Co. Announces Dissolution of Subsidiary Following Theater Closure

Toho Co ( (JP:9602) ) has shared an announcement.

TOHO CO., LTD. has announced the dissolution of its subsidiary, Kansai Kyouei Kougyo Co., Ltd., which managed the ‘Matsue Toho Five’ movie theater in Matsue City. The decision follows the closure of the theater in January 2025. The dissolution is expected to have a negligible impact on TOHO’s consolidated financial results.

The most recent analyst rating on (JP:9602) stock is a Hold with a Yen7600.00 price target. To see the full list of analyst forecasts on Toho Co stock, see the JP:9602 Stock Forecast page.

More about Toho Co

TOHO CO., LTD. is a prominent company in the entertainment industry, primarily focusing on movie theater operations. It is listed on the Prime Market of the Tokyo Stock Exchange and the Fukuoka Stock Exchange. The company is known for its distribution and management of movie theaters, with a significant market presence in Japan.

Average Trading Volume: 639,728

Technical Sentiment Signal: Buy

Current Market Cap: Yen1268.6B

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