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Lintec ( (JP:7966) ) has shared an announcement.
Lintec Corporation has announced the decision to dissolve and liquidate its Malaysian subsidiary, Lintec Industries (Malaysia) Sdn. Bhd., due to declining market competitiveness and a significant drop in orders. The emergence of Chinese manufacturers has led to a decrease in the market value of Lintec’s products, prompting the company to withdraw from manufacturing and sales at this subsidiary. The financial impact of this decision is still under review, and Lintec plans to complete the liquidation process by the end of March 2026.
The most recent analyst rating on (JP:7966) stock is a Buy with a Yen3865.00 price target. To see the full list of analyst forecasts on Lintec stock, see the JP:7966 Stock Forecast page.
More about Lintec
Lintec Corporation operates in the electronics industry, focusing on the manufacture and sale of multilayer ceramic capacitor-related tapes. These products are primarily used in electronic devices to store and release electricity, with a market focus on Southeast Asia and China.
Average Trading Volume: 190,291
Technical Sentiment Signal: Buy
Current Market Cap: Yen249.8B
For a thorough assessment of 7966 stock, go to TipRanks’ Stock Analysis page.