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Access Co., Ltd. ( (JP:4813) ) has issued an announcement.
ACCESS CO., LTD. announced that its U.S. subsidiary IP Infusion Inc. is facing a payment delay under a three-year, USD 70 million license and service contract for its OcNOS network operating system with UAE-based Evollabs Tech FZ-LLC. Of the USD 30 million scheduled to be paid by the end of 2025, USD 20 million remains unpaid as of January 5, 2026, and the company is currently confirming the payment status with Evollabs while continuing collection efforts, noting that it will provide further updates if any additional disclosure-worthy events occur.
The most recent analyst rating on (JP:4813) stock is a Hold with a Yen563.00 price target. To see the full list of analyst forecasts on Access Co., Ltd. stock, see the JP:4813 Stock Forecast page.
More about Access Co., Ltd.
ACCESS CO., LTD. is a Japan-listed technology company (TSE Prime: 4813) that operates a network business through its U.S. subsidiary IP Infusion Inc., which provides OcNOS, an integrated network operating system for white-box network equipment to global telecom and networking customers.
Average Trading Volume: 332,559
Technical Sentiment Signal: Sell
Current Market Cap: Yen22.47B
See more insights into 4813 stock on TipRanks’ Stock Analysis page.