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Paramount Bed Holdings Revises Dividend Forecast and Abolishes Shareholder Benefits

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Paramount Bed Holdings Revises Dividend Forecast and Abolishes Shareholder Benefits

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Paramount Bed Holdings Co ( (JP:7817) ) has provided an update.

Paramount Bed Holdings Co., Ltd. announced a revision of its dividend forecast for the fiscal year ending March 2026, deciding not to pay any interim or year-end dividends. This decision is linked to a tender offer by TMKR Co., Ltd., which is expected to result in the delisting of the company’s shares. Additionally, the company will abolish its shareholder benefit plan, contingent on the successful completion of the tender offer. These strategic changes aim to reinforce the company’s financial health and adapt to anticipated rapid changes in the business environment.

The most recent analyst rating on (JP:7817) stock is a Buy with a Yen2950.00 price target. To see the full list of analyst forecasts on Paramount Bed Holdings Co stock, see the JP:7817 Stock Forecast page.

More about Paramount Bed Holdings Co

Paramount Bed Holdings Co., Ltd. operates in the healthcare industry, primarily focusing on the production and distribution of hospital and nursing care beds. The company is known for its innovative solutions in patient care and has a significant market presence in Japan and internationally.

Average Trading Volume: 141,518

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen145.1B

See more data about 7817 stock on TipRanks’ Stock Analysis page.

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