2024-01-26 13:51:37 ET
Summary
- Kyocera and Toyota may reduce their stakes in KDDI, potentially impacting the company's stock price.
- KDDI plans to list its IoT platform business, SORACOM, on the Tokyo Stock Exchange, which could be a positive catalyst.
- A Hold rating for KDDI is warranted after a review of the company's key corporate developments.
Elevator Pitch
My investment rating for KDDI Corporation ( KDDIF ) ( KDDIY ) (9433:JP) is a Hold. I previously wrote about the underperformance of KDDI Corporation's mobile business and the company's diversification efforts in my prior June 10, 2021 write-up ....
Read the full article on Seeking Alpha
For further details see:
KDDI Corporation: Eyes On Key Corporate Developments