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UNITED ARROWS Delays Share Transfer Agreement for COEN Subsidiary

Story Highlights
  • UNITED ARROWS has delayed signing the COEN share transfer deal to Gyet, needing more time to finalize terms.
  • COEN will be removed from UNITED ARROWS’ consolidated scope after the transfer, and earnings impacts are under review.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UNITED ARROWS Delays Share Transfer Agreement for COEN Subsidiary

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UNITED ARROWS LTD. ( (JP:7606) ) has shared an update.

UNITED ARROWS LTD. has postponed the scheduled execution date of the share transfer agreement to sell all shares of its consolidated subsidiary COEN CO., LTD. to Gyet Co., Ltd., citing the need for additional time to finalize terms, and will announce a revised schedule once determined. Following completion of the transaction, COEN will be deconsolidated from UNITED ARROWS’ group, and the company is currently assessing the impact on its consolidated results for the fiscal year ending March 2026, with further disclosures to be made if material effects arise.

The most recent analyst rating on (JP:7606) stock is a Buy with a Yen2715.00 price target. To see the full list of analyst forecasts on UNITED ARROWS LTD. stock, see the JP:7606 Stock Forecast page.

More about UNITED ARROWS LTD.

UNITED ARROWS LTD. is a Japanese apparel retailer operating fashion brands and related businesses, with a focus on branded clothing and lifestyle goods sold through its own stores and subsidiaries such as COEN CO., LTD.

Average Trading Volume: 235,439

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen69.22B

For a thorough assessment of 7606 stock, go to TipRanks’ Stock Analysis page.

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