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Neturen Co., Ltd. ( (JP:5976) ) has shared an announcement.
Neturen Co., Ltd. announced the successful participation in a tender offer by KYB Corporation for its shares in Chita Kogyo Co., Ltd., resulting in the sale of 823,800 shares at a total of ¥1,655 million. This transaction will lead to an extraordinary income of ¥1,217 million for the fiscal year ending March 2025, impacting both standalone and consolidated financial statements, with revised forecasts disclosed.
More about Neturen Co., Ltd.
Neturen Co., Ltd. operates in the industrial sector, primarily focusing on manufacturing and providing specialized engineering services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in various activities including the production of industrial machinery and equipment.
YTD Price Performance: 3.78%
Average Trading Volume: 56,936
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen31.07B
Find detailed analytics on 5976 stock on TipRanks’ Stock Analysis page.