Kyocera (JP:6971) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kyocera Corporation has announced changes to its corporate governance strategy regarding cross-shareholdings, specifically deciding to reduce its stake in KDDI Corporation. This decision comes in response to significant shifts in business conditions and aims to secure alternative investment funds for future growth. The company plans to sell one-third of its KDDI shares over the next five years, highlighting its strategic shift to enhance corporate value.
For further insights into JP:6971 stock, check out TipRanks’ Stock Analysis page.
