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The latest update is out from Furukawa Co., Ltd. ( (JP:5715) ).
Furukawa Co., Ltd. has announced the sale of shares from its investment security holdings as part of its strategy to enhance capital cost management and stock price awareness. This transaction is expected to generate an extraordinary income of approximately ¥4 billion in the fourth quarter, which has already been included in the company’s full-year financial forecasts.
More about Furukawa Co., Ltd.
Furukawa Co., Ltd. operates in the industrial sector, focusing on investment securities and capital management. The company is listed on the TSE Prime Market and is involved in initiatives to optimize capital and stock value.
YTD Price Performance: 32.98%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €508.1M
Learn more about 5715 stock on TipRanks’ Stock Analysis page.
