Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Chugai Ro Co., Ltd. ( (JP:1964) ) just unveiled an announcement.
Chugai Ro Co., Ltd. announced the sale of a portion of its investment securities as part of an effort to enhance capital efficiency and reduce cross-shareholdings to below 20% of net assets by March 2026. This sale is expected to generate an estimated gain of JPY 1.3 billion, to be recorded as extraordinary income in the financial results for the fiscal year ending March 31, 2026. The company is reviewing the overall impact of this transaction and will update its earnings forecast if necessary.
More about Chugai Ro Co., Ltd.
Chugai Ro Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the industry of manufacturing and technology. The company focuses on improving its capital efficiency and corporate governance by managing its investment securities and cross-shareholdings.
Average Trading Volume: 37,642
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen26.91B
Find detailed analytics on 1964 stock on TipRanks’ Stock Analysis page.