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Nankai Electric Railway Co., Ltd. ( (JP:9044) ) has issued an update.
Nankai Electric Railway Co., Ltd. announced the recording of extraordinary income due to a gain on extinguishment of tie-in shares following the absorption-type merger of its wholly owned subsidiary, Semboku Rapid Railway Co., Ltd., effective April 1, 2025. This financial maneuver will impact the company’s non-consolidated financial results for the quarter ending June 30, 2025, with a gain of 18,154 million yen, although it will not affect the consolidated financial results for the fiscal year ending March 31, 2026.
The most recent analyst rating on (JP:9044) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Nankai Electric Railway Co., Ltd. stock, see the JP:9044 Stock Forecast page.
More about Nankai Electric Railway Co., Ltd.
Nankai Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange Prime Market and is involved in various transportation-related activities.
Average Trading Volume: 294,706
Technical Sentiment Signal: Sell
Current Market Cap: Yen257B
Find detailed analytics on 9044 stock on TipRanks’ Stock Analysis page.