Kyocera Transfers U.S. Subsidiary to TL Sapphire Holdings
Kyocera Corporation has transferred all shares of its U.S. subsidiary, Kyocera Industrial Tools, Inc., to TL Sapphire Holdings, Inc., an affiliate of Truelink Capital Management. This move is part of Kyocera's strategy to enhance corporate value by reviewing and concentrating its business portfolio. The most recent analyst rating on Kyocera stock (JP:6971) is a Hold with a Yen2304.00 price target.
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Kyocera ( (JP:6971) ) just unveiled an update.
Kyocera Corporation has decided to transfer all shares of its U.S. subsidiary, Kyocera Industrial Tools, Inc., to TL Sapphire Holdings, Inc., an affiliate of Truelink Capital Management. This move aligns with Kyocera’s strategy to enhance corporate value by reviewing and concentrating its business portfolio, marking a significant step in its structural reform initiatives.
The most recent analyst rating on (JP:6971) stock is a Hold with a Yen2304.00 price target. To see the full list of analyst forecasts on Kyocera stock, see the JP:6971 Stock Forecast page.
More about Kyocera
Kyocera Corporation operates in the technology and manufacturing industry, focusing on products such as industrial tools and materials for construction and various industries. The company is known for its strategic market focus on enhancing corporate value through business portfolio reviews and structural reforms.
Average Trading Volume: 4,675,883
Technical Sentiment Signal: Buy
Current Market Cap: Yen2853.2B
For an in-depth examination of 6971 stock, go to TipRanks’ Overview page.
