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An update from TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ) is now available.
TOKYO ROPE MFG. CO., LTD. has announced a decision by its Board of Directors to acquire up to 200,000 shares of its own stock, representing 1.27% of its total issued shares, as part of a flexible capital policy. This move aims to enhance shareholder returns, achieve a consolidated total return ratio of 40% or more, and invest in human capital for sustainable growth, including incentive plans for executives and engagement measures.
The most recent analyst rating on (JP:5981) stock is a Buy with a Yen1583.00 price target. To see the full list of analyst forecasts on TOKYO ROPE MFG. CO., LTD. stock, see the JP:5981 Stock Forecast page.
More about TOKYO ROPE MFG. CO., LTD.
TOKYO ROPE MFG. CO., LTD. operates in the manufacturing industry, focusing on producing ropes and related products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 43,104
Technical Sentiment Signal: Buy
Current Market Cap: Yen23.88B
See more insights into 5981 stock on TipRanks’ Stock Analysis page.