Kajima Corporation Reclassifies Subsidiary with New Investment Strategy
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Kajima ( (JP:1812) ) has issued an update.
Kajima Corporation has announced a strategic shift involving its subsidiary, Sakurajima Kaihatsu LLC, by inviting three external investors to become silent partners. This move will result in Sakurajima being reclassified from a wholly owned subsidiary to an affiliate, reflecting a change in the company’s investment strategy and potentially impacting its real estate development operations.
The most recent analyst rating on (JP:1812) stock is a Buy with a Yen4200.00 price target. To see the full list…
