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SCSK Corporation ( (JP:9719) ) has provided an announcement.
SCSK Corporation has announced a revision to its year-end dividend forecast, deciding not to distribute dividends for the fiscal year ending March 31, 2026. This decision is linked to a tender offer by SC Investments Management Inc., a subsidiary of Sumitomo Corporation, which aims to make SCSK a wholly owned subsidiary and subsequently delist its shares. The move reflects a strategic shift in the company’s financial planning, prioritizing the tender offer’s terms over immediate shareholder returns.
The most recent analyst rating on (JP:9719) stock is a Buy with a Yen4727.00 price target. To see the full list of analyst forecasts on SCSK Corporation stock, see the JP:9719 Stock Forecast page.
More about SCSK Corporation
SCSK Corporation operates within the technology industry, providing a range of IT services and solutions. The company is primarily focused on systems integration, IT infrastructure management, and software development, serving a diverse market that includes various sectors requiring advanced technological support.
Average Trading Volume: 963,045
Technical Sentiment Signal: Buy
Current Market Cap: Yen1331.7B
See more data about 9719 stock on TipRanks’ Stock Analysis page.