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V-Technology Co ( (JP:7717) ) just unveiled an announcement.
V Technology Co., Ltd. announced the cancellation of a planned merger between its subsidiaries VET Co., Ltd. and Lumiotec Inc. The merger was intended to streamline operations and boost competitiveness but was canceled to explore more effective reorganization strategies. The cancellation is expected to have minimal impact on the company’s financial results as both entities are wholly owned subsidiaries.
The most recent analyst rating on (JP:7717) stock is a Hold with a Yen3122.00 price target. To see the full list of analyst forecasts on V-Technology Co stock, see the JP:7717 Stock Forecast page.
More about V-Technology Co
V Technology Co., Ltd. operates in the technology sector, focusing on enhancing management efficiency and business competitiveness through strategic mergers and acquisitions.
Average Trading Volume: 92,800
Technical Sentiment Signal: Buy
Current Market Cap: Yen28.38B
For an in-depth examination of 7717 stock, go to TipRanks’ Overview page.