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KOSAIDO Holdings hits daily limit-high on report of Tokyo Hakuzen sale preparations

Thu May 21, 2026 11:04 am JST Catalyst

KOSAIDO Holdings Co., Ltd. <7868> remained locked at its daily limit-up price of 758 yen on a glut of buy orders. FACTA Online reported on May 21 that KOSAIDO intends to divest Tokyo Hakuzen, which handles roughly 70% of cremations in Tokyo's 23 wards, and is preparing to brief the Special Ward Mayors' Council. With potential buyers including U.S.-based KKR , the deal value could reach 150 billion to 180 billion yen. The report sparked heavy buying interest.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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