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Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ) just unveiled an announcement.
Torishima Pump Mfg. Co., Ltd. has decided to participate in a tender offer by Bospolder 1 K.K. for its shares in Fujitec Co., Ltd., resulting in a significant gain on the sale of investment securities. This move is expected to generate a special income of JPY 2.805 billion, prompting the company to revise its full-year consolidated earnings forecast, with net income anticipated to exceed previous expectations.
The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2043.00 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 manufacturing industry, specializing in the production of pumps. The company is listed on the TSE Prime Market and is known for its focus on providing high-quality pumping solutions.
Average Trading Volume: 115,257
Technical Sentiment Signal: Hold
Current Market Cap: Yen49.85B
See more insights into 6363 stock on TipRanks’ Stock Analysis page.