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An announcement from Ahresty Corporation ( (JP:5852) ) is now available.
Ahresty Corporation has completed the transfer of its equity interests in Ahresty Precision Die Mold (Guangzhou) Co., Ltd. to Guangzhou Jinzhang Plastic Products Co., Ltd., resulting in the exclusion of the Guangzhou subsidiary from its consolidated subsidiaries. This transaction is expected to generate an extraordinary income of approximately 1 billion yen, which has already been factored into the company’s earnings forecast for the fiscal year ending March 31, 2026, ensuring no changes to the previously announced financial outlook.
More about Ahresty Corporation
Ahresty Corporation operates in the manufacturing industry, primarily focusing on die casting products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its precision die mold products.
Average Trading Volume: 135,216
Technical Sentiment Signal: Buy
Current Market Cap: Yen19.78B
Learn more about 5852 stock on TipRanks’ Stock Analysis page.