TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Wakachiku Construction Co., Ltd. ( (JP:1888) ) has shared an announcement.
Wakachiku Construction Co., Ltd. announced its decision to borrow funds through commitment line agreements with ten financial institutions to efficiently raise working capital. The borrowing involves a syndication type commitment line agreement totaling 13,000 million yen, with 8,000 million yen being borrowed after repaying 2,500 million yen of existing loans. The impact on business results is expected to be immaterial.
The most recent analyst rating on (JP:1888) stock is a Hold with a Yen5172.00 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, focusing on providing construction services. The company is listed on the TSE Prime Market and is involved in various construction projects.
Average Trading Volume: 24,721
Technical Sentiment Signal: Buy
Current Market Cap: Yen63.19B
For detailed information about 1888 stock, go to TipRanks’ Stock Analysis page.