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Tokyu Construction Boosts Investment in Guam Subsidiary

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Tokyu Construction Boosts Investment in Guam Subsidiary

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Tokyu Construction Co., Ltd. ( (JP:1720) ) has provided an update.

Tokyu Construction Co., Ltd. has announced an additional investment in its subsidiary, TC Pacific Construction, LLC, based in Guam. This move aims to stabilize the subsidiary’s financial and operational foundation, classifying it as a specified subsidiary due to the investment now representing 10% or more of Tokyu’s capital. The impact on Tokyu’s consolidated business results is expected to be minimal.

The most recent analyst rating on (JP:1720) stock is a Buy with a Yen1305.00 price target. To see the full list of analyst forecasts on Tokyu Construction Co., Ltd. stock, see the JP:1720 Stock Forecast page.

More about Tokyu Construction Co., Ltd.

Tokyu Construction Co., Ltd. operates in the construction industry, providing comprehensive construction services. The company focuses on infrastructure development and has a significant presence in various markets, including international territories such as Guam.

Average Trading Volume: 307,055

Technical Sentiment Signal: Buy

Current Market Cap: Yen123.5B

For a thorough assessment of 1720 stock, go to TipRanks’ Stock Analysis page.

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