{
Kyocera Corporation

Companies

}
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001122334455554433221100

kyocera to reduce kddi stake to strengthen financial position

Kyocera Corp. plans to reduce its 15.3% stake in KDDI Corp. by about a third over the next five years, aiming to strengthen its finances. The stake, valued at approximately ¥1.6 trillion ($10.4 billion), may also be used as collateral for loans, with potential further reductions in holdings and non-core operations under consideration.
bloomberg.com
Japanese Yen Kyocera Corporation KDDI Corporation JPN
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07:25 30.10.2024
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