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The latest announcement is out from Futaba ( (JP:6986) ).
Futaba Corporation has announced the transfer of fixed assets from its Chinese subsidiary, Futaba Precision Mould (China) Co., Ltd., as part of the subsidiary’s dissolution process. The transfer, involving land use rights and buildings in Kunshan City, is expected to generate a capital gain of approximately 1.5 billion yen, which will be reflected in the company’s financial results for the fiscal year ending March 2026.
The most recent analyst rating on (JP:6986) stock is a Hold with a Yen605.00 price target. To see the full list of analyst forecasts on Futaba stock, see the JP:6986 Stock Forecast page.
More about Futaba
Futaba Corporation operates in the manufacturing industry, focusing on precision moulds and related services. The company has a significant presence in China through its subsidiary, Futaba Precision Mould (China) Co., Ltd., which is fully owned by Futaba.
Average Trading Volume: 292,158
Technical Sentiment Signal: Buy
Current Market Cap: Yen28.04B
Learn more about 6986 stock on TipRanks’ Stock Analysis page.