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Mitsubishi Logistics ( (JP:9301) ) has provided an announcement.
Mitsubishi Logistics Corporation announced its intention to amend its Articles of Incorporation to include a new business focus on power generation and electricity supply. This strategic move aims to leverage the company’s land holdings for launching a grid storage battery business, potentially enhancing its market position and diversifying its service offerings.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1200.00 price target. To see the full list of analyst forecasts on Mitsubishi Logistics stock, see the JP:9301 Stock Forecast page.
More about Mitsubishi Logistics
Mitsubishi Logistics Corporation operates in the logistics industry, providing services such as warehousing, transportation, and logistics information systems. The company is focused on expanding its business operations to include power generation and electricity supply, reflecting a strategic shift towards energy solutions.
Average Trading Volume: 3,472,508
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen394.2B
Learn more about 9301 stock on TipRanks’ Stock Analysis page.