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San Holdings and Cocolonet Announce Business Integration

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San Holdings and Cocolonet Announce Business Integration

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San Holdings, Inc. (Japan) ( (JP:9628) ) just unveiled an update.

San Holdings, Inc. and Cocolonet Co., Ltd. have announced a business integration through a share exchange, making San Holdings the parent company and Cocolonet its subsidiary. This integration aims to strengthen San Holdings’ position in the funeral industry and expand its service offerings, while Cocolonet will benefit from improved operational efficiency and strengthened headquarters functions. The move reflects ongoing industry restructuring and the need to adapt to changing market conditions.

The most recent analyst rating on (JP:9628) stock is a Buy with a Yen1628.00 price target. To see the full list of analyst forecasts on San Holdings, Inc. (Japan) stock, see the JP:9628 Stock Forecast page.

More about San Holdings, Inc. (Japan)

San Holdings, Inc. operates primarily in the funeral industry, providing funeral arrangements and related services. The company focuses on being a dependable partner for end-of-life services, aiming to expand its service areas and develop its end-of-life support business. Cocolonet Co., Ltd. offers comprehensive support services, including funeral services, stone materials, weddings, floral wholesale, and mutual aid societies, focusing on customer satisfaction and peace of mind.

Average Trading Volume: 51,077

Technical Sentiment Signal: Buy

Current Market Cap: Yen31.77B

See more data about 9628 stock on TipRanks’ Stock Analysis page.

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