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Nippon Sharyo ( (JP:7102) ) just unveiled an update.
Nippon Sharyo, Ltd. has secured an order from Central Japan Railway Company for 192 N700S Shinkansen cars, to be delivered between fiscal years ending March 2027 and March 2029. While this order will not impact the company’s financial results for the fiscal year ending March 2026, it is expected to contribute to net sales from March 2027 onwards. The transaction, involving the company’s parent company, was carefully reviewed to ensure fairness and protect minority shareholders, with independent oversight confirming its appropriateness.
The most recent analyst rating on (JP:7102) stock is a Buy with a Yen2747.00 price target. To see the full list of analyst forecasts on Nippon Sharyo stock, see the JP:7102 Stock Forecast page.
More about Nippon Sharyo
Nippon Sharyo, Ltd. operates in the transportation industry, specializing in the manufacturing of railway vehicles, particularly Shinkansen rolling stock. The company focuses on providing high-quality rail solutions and maintains a significant market presence in Japan.
Average Trading Volume: 43,124
Technical Sentiment Signal: Buy
Current Market Cap: Yen39.56B
For an in-depth examination of 7102 stock, go to TipRanks’ Overview page.