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The latest update is out from V-cube ( (JP:3681) ).
V-cube, Inc. has announced a strategic business reorganization involving its subsidiary, Telecube, Inc., and its affiliate, Telecube Service Co., Ltd. The reorganization aims to strengthen V-cube’s competitive advantage by making Telecube, Inc. a wholly owned subsidiary, allowing for greater management flexibility and efficiency. Meanwhile, Mitsubishi Estate will focus on the installation and operation of Telecube units, acquiring all shares of Telecube Service, which will no longer be an affiliate of V-cube. This move is expected to enhance innovation and revenue growth in V-cube’s Third Place DX Business.
The most recent analyst rating on (JP:3681) stock is a Hold with a Yen121.00 price target. To see the full list of analyst forecasts on V-cube stock, see the JP:3681 Stock Forecast page.
More about V-cube
V-cube, Inc. operates in the technology industry, focusing on the development and sale of private work booths known as ‘Telecube.’ The company also provides systems for operating these booths in public spaces. V-cube collaborates with Mitsubishi Estate Co., Ltd. to expand the installation and operation of Telecube units.
Average Trading Volume: 134,448
Technical Sentiment Signal: Sell
Current Market Cap: Yen2.85B
For an in-depth examination of 3681 stock, go to TipRanks’ Overview page.