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Mac House Announces Asset Transfer and Extraordinary Income and Loss

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Mac House Announces Asset Transfer and Extraordinary Income and Loss

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Mac House Co., Ltd. ( (JP:7603) ) has issued an update.

Mac House Co., Ltd. announced the transfer of fixed assets, specifically land leasehold rights, resulting in an extraordinary income of 313 million yen. The transfer aims to improve the company’s financial structure. Additionally, the company recorded an extraordinary loss of 157 million yen due to the early termination of a rental store lease. The delay in disclosing this information was attributed to a misunderstanding of internal disclosure standards, and the impact on the company’s fiscal performance is still under review.

The most recent analyst rating on (JP:7603) stock is a Hold with a Yen407.00 price target. To see the full list of analyst forecasts on Mac House Co., Ltd. stock, see the JP:7603 Stock Forecast page.

More about Mac House Co., Ltd.

Mac House Co., Ltd. operates in the retail industry, focusing on providing clothing and related products. The company is listed on the Tokyo Stock Exchange Standard Market.

Average Trading Volume: 2,837,371

Technical Sentiment Signal: Buy

Current Market Cap: Yen10.69B

For detailed information about 7603 stock, go to TipRanks’ Stock Analysis page.

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