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The latest update is out from Aichi Steel Corporation ( (JP:5482) ).
Aichi Steel Corporation announced that it has received a partial return of 22.3 billion yen from its retirement benefit trust after determining that plan assets, including the trust, exceeded its defined benefit obligations and are expected to remain sufficient in future. The company will recognize 10.959 billion yen from this return as extraordinary income in its non-consolidated financial statements for the fiscal year ending March 31, 2026, while noting that there will be no impact on profit in its consolidated results prepared under IFRS, limiting the effect primarily to parent-level earnings and balance sheet structure rather than group-wide performance.
The most recent analyst rating on (JP:5482) stock is a Buy with a Yen3212.00 price target. To see the full list of analyst forecasts on Aichi Steel Corporation stock, see the JP:5482 Stock Forecast page.
More about Aichi Steel Corporation
Aichi Steel Corporation, listed on the TSE Prime and NSE Premier markets, operates in the steel and materials industry, supplying specialized steel products and related materials primarily to automotive and manufacturing customers in Japan and abroad. As a mature industrial player, it maintains defined benefit pension plans supported by retirement benefit trust assets to secure employee retirement obligations.
Average Trading Volume: 297,119
Technical Sentiment Signal: Buy
Current Market Cap: Yen190.3B
For detailed information about 5482 stock, go to TipRanks’ Stock Analysis page.