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An announcement from BANDAI NAMCO Holdings ( (JP:7832) ) is now available.
Bandai Namco Holdings Inc. has received a tax reassessment notice from the Tokyo Regional Taxation Bureau following a regular audit of its domestic subsidiaries for fiscal years ending March 2021 to March 2023. The reassessment, which involves issues related to research and development tax credits, tax treatment in the toys and hobby business, and transfer pricing between Japan and France, amounts to approximately 6,997 million yen. The company plans to address the transfer pricing issue through bilateral mutual agreement procedures with Japanese and French tax authorities and believes the overall impact on its business performance for the fiscal year ending March 2026 will be limited.
The most recent analyst rating on (JP:7832) stock is a Buy with a Yen3970.00 price target. To see the full list of analyst forecasts on BANDAI NAMCO Holdings stock, see the JP:7832 Stock Forecast page.
More about BANDAI NAMCO Holdings
Bandai Namco Holdings Inc. operates in the entertainment industry, primarily focusing on digital business, toys, and hobby products. The company is known for its development and distribution of video games, toys, and other entertainment-related products, with a significant market presence in Japan and internationally.
Average Trading Volume: 2,699,668
Technical Sentiment Signal: Buy
Current Market Cap: Yen3278.1B
For a thorough assessment of 7832 stock, go to TipRanks’ Stock Analysis page.