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Wakachiku Construction Co., Ltd. ( (JP:1888) ) has issued an announcement.
Wakachiku Construction Co., Ltd. has entered into a monetary loan agreement with financial covenants to secure business funds. The agreement involves a borrowing of 7.5 billion yen from a consortium of 10 banks, with a repayment period set until September 2030. The agreement is unsecured and includes financial covenants to maintain certain net asset levels and prevent consecutive losses, though its impact on business results is deemed immaterial.
The most recent analyst rating on (JP:1888) stock is a Buy with a Yen5391.00 price target. To see the full list of analyst forecasts on Wakachiku Construction Co., Ltd. stock, see the JP:1888 Stock Forecast page.
More about Wakachiku Construction Co., Ltd.
Wakachiku Construction Co., Ltd. operates in the construction industry, primarily focusing on providing construction services. The company is listed on the TSE Prime Market and is known for its comprehensive construction solutions.
Average Trading Volume: 25,396
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen64.78B
See more data about 1888 stock on TipRanks’ Stock Analysis page.