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NTN ( (JP:6472) ) has provided an update.
NTN Corporation announced the issuance of its 2nd series of subordinated bonds as part of its ongoing business structure transformation. The new hybrid bonds will replace the 1st series, supporting the company’s financial stability and strategic initiatives without diluting existing shares, and are expected to be partly recognized as equity by rating agencies.
The most recent analyst rating on (JP:6472) stock is a Hold with a Yen373.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.
More about NTN
NTN Corporation operates in the manufacturing industry, focusing on producing bearings and precision machinery. The company aims to maintain a robust financial position to support future growth and enhance corporate value through strategic financial initiatives.
Average Trading Volume: 4,911,428
Technical Sentiment Signal: Buy
Current Market Cap: Yen190.6B
For an in-depth examination of 6472 stock, go to TipRanks’ Overview page.