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H.I.S. Co., Ltd. Transfers Shares of Subsidiary for Strategic Reorganization

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H.I.S. Co., Ltd. Transfers Shares of Subsidiary for Strategic Reorganization

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The latest update is out from H.I.S.Co. ( (JP:9603) ).

H.I.S. Co., Ltd. has decided to transfer its entire stake in its subsidiary, NUMBER ONE TRAVEL SHIBUYA Co., Ltd., as part of a strategic reorganization to enhance group governance. This move is based on the assessment that the subsidiary can sustain itself and continue its growth independently, potentially impacting the company’s operational focus and market strategy.

The most recent analyst rating on (JP:9603) stock is a Buy with a Yen2100.00 price target. To see the full list of analyst forecasts on H.I.S.Co. stock, see the JP:9603 Stock Forecast page.

More about H.I.S.Co.

H.I.S. Co., Ltd. operates in the travel industry, primarily focusing on selling overseas airline tickets and tours. The company has a significant market presence in Asia, catering mainly to foreign nationals residing in Japan.

Average Trading Volume: 659,852

Technical Sentiment Signal: Sell

Current Market Cap: Yen115B

See more data about 9603 stock on TipRanks’ Stock Analysis page.

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