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The latest announcement is out from Asahi Kasei ( (JP:3407) ).
Asahi Kasei Homes, a subsidiary of Asahi Kasei Corp., is set to acquire a significant stake in R.C. Core Co., Ltd., marking a strategic move to enhance its offerings in the housing sector. This acquisition, which involves 14.01% of voting rights, is part of a broader capital and business alliance aimed at exploring new living concepts and diversifying lifestyle solutions, potentially impacting the market for naturalistic and unit homes.
The most recent analyst rating on (JP:3407) stock is a Hold with a Yen1272.00 price target. To see the full list of analyst forecasts on Asahi Kasei stock, see the JP:3407 Stock Forecast page.
More about Asahi Kasei
Asahi Kasei Corp. operates in various industries, with a focus on homes and construction through its subsidiary, Asahi Kasei Homes. The company is involved in the acquisition of shares in R.C. Core Co., Ltd., which specializes in the planning, manufacturing, and sale of naturalistic homes under the BESS brand.
Average Trading Volume: 4,382,953
Technical Sentiment Signal: Buy
Current Market Cap: Yen1610.7B
For an in-depth examination of 3407 stock, go to TipRanks’ Overview page.