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JAPAN POST HOLDINGS Co ( (JP:6178) ) has issued an announcement.
Japan Post Holdings Co., Ltd. announced that its subsidiary, Japan Post Co., Ltd., has acquired a 19.9% stake in LOGISTEED Holdings, Ltd. This strategic move is part of a broader capital and business alliance aimed at enhancing corporate value through collaboration in the logistics sector. The acquisition aligns with Japan Post’s Medium-Term Management Plan ‘JP Vision 2025+’ to foster growth in logistics and real estate, and it supports LOGISTEED’s goal to become a leading global 3PL company by 2030.
The most recent analyst rating on (JP:6178) stock is a Hold with a Yen1478.00 price target. To see the full list of analyst forecasts on JAPAN POST HOLDINGS Co stock, see the JP:6178 Stock Forecast page.
More about JAPAN POST HOLDINGS Co
Japan Post Holdings Co., Ltd. operates within the logistics and postal industry, focusing on postal services, logistics, and financial services. The company leverages its extensive post office network to collaborate with diverse external organizations, aiming to enhance community support and customer service.
YTD Price Performance: -1.90%
Average Trading Volume: 5,197,667
Technical Sentiment Signal: Buy
Current Market Cap: Yen4208B
For detailed information about 6178 stock, go to TipRanks’ Stock Analysis page.