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An announcement from UNITED ARROWS LTD. ( (JP:7606) ) is now available.
United Arrows has signed a definitive agreement to transfer all shares of its loss-making consolidated subsidiary COEN Co., Ltd. to Gyet Co., Ltd., a nationwide casual apparel retailer that recently rebranded and is expanding into a digitally enabled, investment-driven business model in collaboration with GF Holdings. The move, driven by persistent structural shifts in the fashion industry, rising costs, and COEN’s ongoing losses despite restructuring efforts, is intended to give COEN access to broader management resources and supply-chain expertise for brand revitalization, while allowing United Arrows to improve capital efficiency and streamline its brand portfolio, potentially strengthening its competitive positioning and focusing resources on more profitable core operations.
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 fashion retailer that operates multiple apparel brands, including COEN Co., Ltd., which plans, manufactures, and sells casual clothing through coen-brand stores primarily in large shopping centers in semi-urban and suburban areas. Through these subsidiaries, the company targets a broad customer base in the domestic apparel market, balancing its portfolio across different price points and formats while pursuing a strategy of selection and concentration within the fashion and lifestyle sector.
Average Trading Volume: 209,088
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen69.19B
Learn more about 7606 stock on TipRanks’ Stock Analysis page.