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Tomy Company, Ltd. ( (JP:7867) ) has shared an update.
TOMY Company, Ltd. has completed payment procedures for the disposal of treasury shares via a third-party allotment to its Employee Shareholding Association, as part of a special incentive plan for employee stock ownership. Due to partial forfeiture of rights following the final determination of eligible employee participants, the number of shares to be disposed of was reduced from a planned 78,200 to 47,380 shares, cutting the total disposal amount from 251,882,200 yen to 152,610,980 yen, with the company noting that this adjustment will not affect its earnings forecast for the current fiscal year.
The most recent analyst rating on (JP:7867) stock is a Hold with a Yen3203.00 price target. To see the full list of analyst forecasts on Tomy Company, Ltd. stock, see the JP:7867 Stock Forecast page.
More about Tomy Company, Ltd.
TOMY Company, Ltd. is a Japanese toy and entertainment manufacturer listed on the Prime Market of the Tokyo Stock Exchange, known for developing and selling a wide range of consumer toys and related products. The company targets both domestic and international markets and uses equity-based incentive schemes, such as employee shareholding associations, to align employees’ interests with corporate performance.
Average Trading Volume: 625,532
Technical Sentiment Signal: Hold
Current Market Cap: Yen257.7B
For an in-depth examination of 7867 stock, go to TipRanks’ Overview page.