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home / news releases / KNBWF - Kirin Holdings: Strategic Pivot Will Take Time

KNBWF - Kirin Holdings: Strategic Pivot Will Take Time

Kirin Holdings Co Ltd

2024-07-21 07:29:37 ET

Summary

  • KNBWY's core beverages business is facing challenges as evidenced by weak Japanese beer sales numbers.
  • Kirin Holdings' ongoing strategic pivot involves diversification away from the beverages segment, and the company recently announced the buyout of FANCL Corporation to expand its health sciences business.
  • I have awarded a Hold rating to Kirin Holdings, considering that it will take time for its business diversification efforts to pay off.

I assign a Hold investment rating to Kirin Holdings Company, Limited ( KNBWY ) ( KNBWF ) [2503:JP] stock. ...

For further details see:

Kirin Holdings: Strategic Pivot Will Take Time
Stock Information
Company Name: Kirin Holdings Co Ltd
Stock Symbol: KNBWF
Market: OTC
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