Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Kansai Paint Co ( (JP:4613) ) has provided an announcement.
Kansai Paint Co., Ltd. has announced the decision to transfer non-current assets to improve capital productivity, in line with its medium- to long-term management strategy of profit expansion. The transfer involves land and an eight-floor building in Oota-Ku, Tokyo, with an expected gain of 4,641 million yen, which will be recorded as extraordinary income in the fiscal year ending March 31, 2026.
More about Kansai Paint Co
Kansai Paint Co., Ltd. operates in the coatings industry, focusing on the production and sale of paints and coatings for a variety of applications including automotive, industrial, and decorative markets.
YTD Price Performance: -4.43%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.41B
For detailed information about 4613 stock, go to TipRanks’ Stock Analysis page.