TYO:6925
5 stories mentioning TYO:6925Updated 67d ago
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What's the latest news on TYO:6925?
Jefferies Upgrades Ushio to Buy From Hold, Adjusts Price Target to 5,500 Yen From 5,000 Yen
Jefferies Adjusts Ushio's Price Target to 5,000 Yen from 3,500 Yen, Keeps at Hold
Jefferies Adjusts Ushio's Price Target to 3,500 Yen from 3,000 Yen, Keeps at Hold
Ushio to Transfer Semiconductor Laser Unit to Kyocera via Corporate Split
Ushio (TYO:6925) will transfer its semiconductor laser device business to Kyocera (TYO:6971) through a corporate split and subsequent share sale for about 1 billion yen, according to a Tuesday filing on the Tokyo Stock Exchange.The company will first carve out the business into a newly established subsidiary before transferring all shares to Kyocera, with completion targeted for April 2027.The move comes as Ushio seeks to improve capital efficiency and optimize its portfolio amid shifting semiconductor demand and growing opportunities in areas such as AI-driven data centers and sensing applications.