SERENDIP HOLDINGS Co.,Ltd. <7318> touched a new high on June 3. The stock has tracked its 25-day moving average as a key support level, fueling expectations for continued upward momentum toward further highs.

The firm's core operations center on the manufacturing business, acquiring small and medium-sized enterprises for business succession and modernizing management to enhance corporate value. For the fiscal year ending March 2027, SERENDIP HOLDINGS forecasts consolidated net sales of 64 billion yen, up 25.1% year-on-year, and an operating income of 3.5 billion yen, up 59.8% year-on-year. These projections significantly outperform the targets of its medium-term management plan?which concludes this fiscal year?of 50 billion yen in sales and 2.5 billion yen in operating income, underscoring strong business growth.

On June 1, SERENDIP HOLDINGS announced the establishment of a new subsidiary, Japan Manufacturing Succession Holdings (JMS). The firm will raise up to 10 billion yen in capital from strategic partners, primarily financial institutions, to invest in JMS. It has already secured 2 billion yen from Shoko Chukin Bank and Kyoto Capital Partners, a subsidiary of Kyoto Financial Group,Inc. <5844>, a previous collaborator in the business succession field. By securing funds necessary for business succession and growth investment through JMS in a comprehensive and continuous manner rather than on a project-by-project basis, the firm aims to accelerate the resolution of business succession issues, which is expected to quicken SERENDIP HOLDINGS' growth pace.

Source: MINKABU PRESS

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