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HOYA Wins Partial Court Ruling on Tax Reassessment

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HOYA Wins Partial Court Ruling on Tax Reassessment

Confident Investing Starts Here:

HOYA ( (JP:7741) ) just unveiled an update.

HOYA Corporation has received a favorable ruling from the Tokyo District Court, which cancels approximately ¥1.3 billion in taxes related to a reassessment based on transfer pricing taxation. Despite this partial victory, HOYA plans to appeal the remaining portions of the court’s decision, though the outcome is not expected to significantly impact the company’s consolidated financial performance.

The most recent analyst rating on (JP:7741) stock is a Buy with a Yen22575.00 price target. To see the full list of analyst forecasts on HOYA stock, see the JP:7741 Stock Forecast page.

More about HOYA

HOYA Corporation operates in the technology and healthcare industries, providing products such as optical lenses, medical endoscopes, and electronic components. The company focuses on innovation and maintaining a strong market presence globally.

Average Trading Volume: 1,079,627

Technical Sentiment Signal: Hold

Current Market Cap: Yen5828.4B

For an in-depth examination of 7741 stock, go to TipRanks’ Stock Analysis page.

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