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Kyudenko Corporation Corrects Financial Report for FY 2025

Story Highlights
  • Kyudenko Corporation corrected its financial report due to errors in cash flow aggregation.
  • Corrections show increased cash flows from operations and higher financing outflows.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kyudenko Corporation Corrects Financial Report for FY 2025

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An announcement from Kyudenko Corporation ( (JP:1959) ) is now available.

Kyudenko Corporation announced corrections to its consolidated financial report for the fiscal year ended March 31, 2025, due to errors in the aggregation method for cash flows from operating and financing activities. The corrections led to a slight increase in cash flows from operating activities and a higher increase in cash outflows from financing activities, reflecting adjustments in accounts payable, income taxes, and long-term borrowings. These corrections are crucial for stakeholders as they provide a more accurate financial position of the company, potentially impacting investor confidence and financial planning.

The most recent analyst rating on (JP:1959) stock is a Buy with a Yen6400.00 price target. To see the full list of analyst forecasts on Kyudenko Corporation stock, see the JP:1959 Stock Forecast page.

More about Kyudenko Corporation

Kyudenko Corporation operates in the construction and engineering industry, focusing on providing comprehensive services in electrical, mechanical, and civil engineering. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating its significant presence in the Japanese market.

Average Trading Volume: 248,308

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen410.6B

See more insights into 1959 stock on TipRanks’ Stock Analysis page.

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