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An announcement from Tsubaki Nakashima Co., Ltd ( (JP:6464) ) is now available.
Tsubaki Nakashima Co., Ltd. announced the completion of a strategic transaction involving the incorporation of a new company, TN Linear Motion Inc., which will handle the ball screws and ball ways business. This new entity, now renamed Minebea Linear Motion Inc., has been transferred to MINEBEA MITSUMI Inc., marking a significant shift in Tsubaki Nakashima’s operational structure and potentially enhancing corporate value.
The most recent analyst rating on (JP:6464) stock is a Hold with a Yen361.00 price target. To see the full list of analyst forecasts on Tsubaki Nakashima Co., Ltd stock, see the JP:6464 Stock Forecast page.
More about Tsubaki Nakashima Co., Ltd
Tsubaki Nakashima Co., Ltd. operates in the manufacturing industry, primarily focusing on producing ball screws and ball ways. The company is listed on the Tokyo Stock Exchange and has a market focus on precision components used in various machinery.
Average Trading Volume: 290,959
Technical Sentiment Signal: Sell
Current Market Cap: Yen15.18B
Learn more about 6464 stock on TipRanks’ Stock Analysis page.