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CYBERDYNE Faces Potential Loan Recovery Challenges with Former Subsidiary

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CYBERDYNE Faces Potential Loan Recovery Challenges with Former Subsidiary

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CYBERDYNE ( (JP:7779) ) has shared an announcement.

CYBERDYNE Inc. has announced a potential risk regarding the irrecoverability or delayed collection of a loan to LeyLine GmbH, a former subsidiary. The company has recorded an allowance for doubtful accounts amounting to ¥252 million due to delays in repayment. CYBERDYNE plans to continue collection efforts and may consider legal actions to protect its receivables.

The most recent analyst rating on (JP:7779) stock is a Hold with a Yen178.00 price target. To see the full list of analyst forecasts on CYBERDYNE stock, see the JP:7779 Stock Forecast page.

More about CYBERDYNE

CYBERDYNE Inc. operates in the technology industry, focusing on innovative solutions and services. The company is listed in the Growth Section of the Tokyo Stock Exchange and is led by President and CEO Yoshiyuki Sankai.

Average Trading Volume: 1,063,965

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen38.94B

Learn more about 7779 stock on TipRanks’ Stock Analysis page.

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