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Macbee Planet Inc ( (JP:7095) ) just unveiled an announcement.
Macbee Planet, Inc. announced that it has recorded an allowance for doubtful accounts due to the irrecoverability of receivables following the bankruptcy of MPH Co., Ltd. and Shuwa System Co., Ltd. Despite efforts to collect through legal means, the company determined that further collection is not possible, resulting in a 601 million yen balance of receivables. This action will not impact the financial results for FY04/2026 and beyond, as the full amount was already accounted for in FY04/2024.
The most recent analyst rating on (JP:7095) stock is a Hold with a Yen2839.00 price target. To see the full list of analyst forecasts on Macbee Planet Inc stock, see the JP:7095 Stock Forecast page.
More about Macbee Planet Inc
Macbee Planet, Inc. operates in the financial sector, focusing on providing loans and managing receivables. The company is listed on the Tokyo Stock Exchange Prime and is led by Representative Director and President Tomohiro Chiba.
Average Trading Volume: 178,444
Technical Sentiment Signal: Sell
Current Market Cap: Yen39.05B
For an in-depth examination of 7095 stock, go to TipRanks’ Overview page.