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TSI Holdings Co ( (JP:3608) ) just unveiled an announcement.
TSI Holdings has resolved to acquire shares of Waterfront Co., Ltd., a leading company in the umbrella industry, making it a subsidiary. This acquisition aligns with TSI Holdings’ growth strategy to enhance its brand portfolio and enter new market segments. By integrating Waterfront’s stylish and functional umbrellas into its diverse apparel brand portfolio, TSI Holdings anticipates strategic portfolio complementarity and new customer touchpoints. The acquisition is expected to support the company’s growth strategy and enhance its medium- to long-term corporate value.
The most recent analyst rating on (JP:3608) stock is a Buy with a Yen1201.00 price target. To see the full list of analyst forecasts on TSI Holdings Co stock, see the JP:3608 Stock Forecast page.
More about TSI Holdings Co
TSI Holdings Co., Ltd. is a company operating in the fashion entertainment industry, focusing on brand portfolio management and entering new market segments to meet diverse consumer needs. The company is listed on the Tokyo Stock Exchange Prime Market and is advancing its growth strategies through leveraging existing brands, launching new businesses, and pursuing mergers and acquisitions.
Average Trading Volume: 334,695
Technical Sentiment Signal: Buy
Current Market Cap: Yen57.71B
Learn more about 3608 stock on TipRanks’ Stock Analysis page.