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Gungho Online Entertainment ( (JP:3765) ) has shared an update.
GungHo Online Entertainment, Inc. has reached a settlement with a counterparty involved in a misconduct case where a former employee improperly paid outsourcing fees, resulting in a financial loss of approximately 100 million yen. The settlement includes a lump-sum repayment of 70 million yen and the remaining balance to be paid in installments, with the overall impact on the company’s financial results expected to be minimal.
The most recent analyst rating on (JP:3765) stock is a Hold with a Yen3017.00 price target. To see the full list of analyst forecasts on Gungho Online Entertainment stock, see the JP:3765 Stock Forecast page.
More about Gungho Online Entertainment
GungHo Online Entertainment, Inc. operates in the online entertainment industry, primarily focusing on developing and publishing video games. The company is known for its popular mobile and online games, catering to a global market.
YTD Price Performance: -15.64%
Average Trading Volume: 196,317
Technical Sentiment Signal: Buy
Current Market Cap: Yen152.4B
See more data about 3765 stock on TipRanks’ Stock Analysis page.