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Futaba Industrial Co., Ltd. ( (JP:7241) ) has issued an update.
Futaba Industrial Co., Ltd. has announced a plan to dispose of treasury shares as part of a restricted stock incentive for its Employee Shareholding Association, commemorating its 80th anniversary. This initiative aims to support employee asset formation and align their interests with shareholders by providing them with restricted shares, enhancing employee benefits and fostering sustainable corporate value growth.
The most recent analyst rating on (JP:7241) stock is a Hold with a Yen1042.00 price target. To see the full list of analyst forecasts on Futaba Industrial Co., Ltd. stock, see the JP:7241 Stock Forecast page.
More about Futaba Industrial Co., Ltd.
Futaba Industrial Co., Ltd. operates in the automotive industry, specializing in the production of automotive components. The company is listed on the Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchange, focusing on enhancing corporate value and aligning employee interests with shareholders.
Average Trading Volume: 235,411
Technical Sentiment Signal: Buy
Current Market Cap: Yen86.16B
See more insights into 7241 stock on TipRanks’ Stock Analysis page.