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Giken Ltd. ( (JP:6289) ) has shared an announcement.
Giken Ltd. announced the recording of extraordinary losses due to a settlement with its former subsidiary, J Steel Group Pty Limited, which impacted its financial results forecast for the fiscal year ending August 31, 2025. Despite the financial setback, Giken Ltd. remains committed to its global expansion strategy and assures stakeholders that the settlement will not affect future business performance, with dividends remaining unchanged.
The most recent analyst rating on (JP:6289) stock is a Hold with a Yen2200.00 price target. To see the full list of analyst forecasts on Giken Ltd. stock, see the JP:6289 Stock Forecast page.
More about Giken Ltd.
Giken Ltd. operates in the construction industry, providing innovative piling and foundation solutions. The company focuses on expanding its global presence and enhancing its overseas operations.
Average Trading Volume: 61,544
Technical Sentiment Signal: Sell
Current Market Cap: Yen39.19B
Learn more about 6289 stock on TipRanks’ Stock Analysis page.