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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.040+2.3%3:59 PM EST

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To: richardred who wrote (7109)9/12/2024 12:44:23 PM
From: E_K_S  Read Replies (1) of 7242
 
Tadano Ltd. is a public company based in Japan, primarily recognized as a leading manufacturer of cranes and aerial work platforms. The company was established in 1948 and is listed on the Tokyo Stock Exchange. As of recent reports, Tadano has approximately 5,074 employees globally

Business StructureTadano operates through a corporate structure that includes various subsidiaries and production facilities worldwide. Its headquarters is located in Takamatsu, Kagawa Prefecture, Japan, with additional offices in Tokyo and international locations in Beijing and Moscow. The company produces a range of products, including all-terrain cranes, rough terrain cranes, truck loader cranes, and aerial work platforms

As of the latest data, Tadano Ltd. has a market capitalization of approximately 117.82 billion JPY. To convert this into US dollars, we can use a rough exchange rate of 1 JPY = 0.0067 USD (this rate can fluctuate).Market Capitalization Calculation
Market Cap in USD=Market Cap in JPY×Exchange RateMarket Cap in USD=Market Cap in JPY×Exchange Rate
Market Cap in USD=117,820,000,000?JPY×0.0067?USD JPY˜789,194,000?USDMarket Cap in USD=117,820,000,000JPY×0.0067USD JPY˜789,194,000USD
Thus, the market capitalization of Tadano Ltd. is approximately $789.19 million USD based on the current exchange rate and market capitalization in JPY
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only trades on the Tokyo Stock Exchange; converted market cap for Tadano Ltd is $789 million about 2.5x the size of MTW

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Observation: Wonder if Tadano is concerned about future tariffs and wants a US presence so just pick up a cheap US company ; MNTX HQ Manitex Intl Inc9725 INDUSTRIAL DRIVEBRIDGEVIEW IL 60455 USA
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