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The latest announcement is out from Misumi Group ( (JP:9962) ).
MISUMI Group Inc. has announced its decision to voluntarily adopt International Financial Reporting Standards (IFRS) instead of Japanese Generally Accepted Accounting Principles (J-GAAP) for its consolidated financial statements starting from the fourth quarter of the fiscal year ending March 31, 2028. This strategic move is aimed at improving the comparability of its financial information in international capital markets, potentially enhancing its appeal to global investors.
The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.
More about Misumi Group
Average Trading Volume: 1,248,275
Technical Sentiment Signal: Sell
Current Market Cap: Yen590.4B
Find detailed analytics on 9962 stock on TipRanks’ Stock Analysis page.