tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yamazen Secures 20 Billion Yen Loan with Financial Covenants

Story Highlights
Yamazen Secures 20 Billion Yen Loan with Financial Covenants

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Yamazen Corporation ( (JP:8051) ) has issued an update.

Yamazen Corporation has entered into a loan agreement with two city banks to secure a principal amount of 20 billion yen, with the maturity date set for October 1, 2025. The agreement includes financial covenants to maintain net assets at or above zero, and the impact on the company’s financial results is expected to be minimal.

The most recent analyst rating on (JP:8051) stock is a Buy with a Yen1450.00 price target. To see the full list of analyst forecasts on Yamazen Corporation stock, see the JP:8051 Stock Forecast page.

More about Yamazen Corporation

Yamazen Corporation operates in the industrial sector, focusing on providing a range of machinery, tools, and equipment. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by President and CEO Koji Kishida.

Average Trading Volume: 173,362

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen125.7B

See more insights into 8051 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1