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Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ) just unveiled an announcement.
Torishima Pump Mfg. Co., Ltd. has announced a capital increase for its subsidiary, Torishima Service Solutions Egypt, elevating its status to a specified subsidiary. This change reflects the strategic importance of the Egyptian market for Torishima’s operations, as the subsidiary now holds capital equal to or exceeding one-tenth of the parent company’s capital. The move is not expected to impact the company’s consolidated financial results for the fiscal year ending March 31, 2026.
The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2205.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.
More about Torishima Pump Mfg.Co., Ltd.
Torishima Pump Mfg. Co., Ltd. operates in the industrial sector, focusing on the manufacturing and servicing of pumps and related equipment. The company has a significant market presence, particularly in providing maintenance and repair services for its products.
Average Trading Volume: 85,015
Technical Sentiment Signal: Hold
Current Market Cap: Yen54.18B
For an in-depth examination of 6363 stock, go to TipRanks’ Overview page.