Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SRS HOLDINGS CO.,LTD. ( (JP:8163) ) has issued an announcement.
SRS HOLDINGS CO., LTD. announced the acquisition of Sushi Benkei Co., Ltd., converting it into a subsidiary to expand its presence in the gourmet conveyor belt sushi market. This strategic move aligns with SRS’s Medium-term Business Plan to become the leading Japanese restaurant chain, leveraging synergies with existing brands and enhancing its market position.
The most recent analyst rating on (JP:8163) stock is a Hold with a Yen1304.00 price target. To see the full list of analyst forecasts on SRS HOLDINGS CO.,LTD. stock, see the JP:8163 Stock Forecast page.
More about SRS HOLDINGS CO.,LTD.
SRS HOLDINGS CO., LTD. operates primarily in the restaurant industry, focusing on Japanese cuisine through brands like ‘Washoku Sato’ and ‘Nigiri Chojiro.’ The company manages 753 restaurants in Japan and 24 overseas, aiming to be a ‘food social infrastructure’ company by contributing to society through food services.
Average Trading Volume: 98,292
Technical Sentiment Signal: Buy
Current Market Cap: Yen52.39B
For detailed information about 8163 stock, go to TipRanks’ Stock Analysis page.