Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Fujikura Ltd ( (JP:5803) ) has shared an announcement.
Fujikura Ltd. has reached a settlement regarding improper real estate acquisition incidents involving a former CEO of its U.S. subsidiary. The settlement includes a payment of $1,008,000 to compensate for economic losses. The company has been cooperating with U.S. authorities, and the former CEO has been sentenced to prison. The impact on Fujikura’s fiscal performance is minimal, and the company is committed to strengthening governance to prevent future incidents.
The most recent analyst rating on (JP:5803) stock is a Buy with a Yen4500.00 price target. To see the full list of analyst forecasts on Fujikura Ltd stock, see the JP:5803 Stock Forecast page.
More about Fujikura Ltd
Fujikura Ltd. operates in the electrical and electronics industry, primarily focusing on the manufacturing and distribution of cables, wires, and related products. The company is known for its technological innovations and serves various markets, including telecommunications and energy sectors.
Average Trading Volume: 25,103,761
Technical Sentiment Signal: Buy
Current Market Cap: Yen1652.8B
For a thorough assessment of 5803 stock, go to TipRanks’ Stock Analysis page.