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Zuiko Corporation ( (JP:6279) ) has provided an announcement.
Zuiko Corporation announced a revision of its dividend forecast, reducing the annual dividend to 12.00 yen per share from the previously announced 16.00 yen. This decision aligns with the company’s strategy to allocate more funds towards growth investments, including new business ventures and M&A activities, which are expected to generate future surpluses and enhance shareholder value.
The most recent analyst rating on (JP:6279) stock is a Hold with a Yen1013.00 price target. To see the full list of analyst forecasts on Zuiko Corporation stock, see the JP:6279 Stock Forecast page.
More about Zuiko Corporation
Zuiko Corporation is listed on the Tokyo Stock Exchange Prime Market and operates in the manufacturing sector, focusing on automated manufacturing machinery and nonwoven fabric businesses. The company is actively pursuing growth through investments and acquisitions, including the spunlace nonwoven fabric business and automated machinery for protective gowns.
Average Trading Volume: 53,585
Technical Sentiment Signal: Sell
Current Market Cap: Yen24.97B
For detailed information about 6279 stock, go to TipRanks’ Stock Analysis page.