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I-ne Co., Ltd. Waives Claims Against Shanghai Subsidiary Amid Liquidation

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I-ne Co., Ltd. Waives Claims Against Shanghai Subsidiary Amid Liquidation

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The latest announcement is out from I-ne CO., LTD. ( (JP:4933) ).

I-ne Co., Ltd. has decided to waive claims against its subsidiary, I-ne Cosmetics Shanghai Co., Ltd., as part of its liquidation process. This decision will not significantly impact the company’s financial results as the loss has already been accounted for in previous financial statements, ensuring stability in its consolidated business performance.

More about I-ne CO., LTD.

I-ne Co., Ltd. operates in the cosmetics industry, primarily focusing on the planning and sales of beauty-related products. The company has a market presence in Japan and operates a subsidiary in Shanghai, which is wholly owned by I-ne Co., Ltd.

Average Trading Volume: 63,128

Technical Sentiment Signal: Sell

Current Market Cap: Yen29.13B

See more insights into 4933 stock on TipRanks’ Stock Analysis page.

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