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Neturen Co., Ltd. Records ¥712 Million Impairment Loss

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Neturen Co., Ltd. Records ¥712 Million Impairment Loss

Elevate Your Investing Strategy:

Neturen Co., Ltd. ( (JP:5976) ) just unveiled an announcement.

Neturen Co., Ltd. has recognized an impairment loss of ¥712 million due to deteriorating profitability at several factory locations involved in automotive parts manufacturing. This financial adjustment is reflected in the company’s consolidated financial results for the fiscal year ended March 31, 2025, indicating a significant impact on its business performance.

More about Neturen Co., Ltd.

Neturen Co., Ltd. operates in the manufacturing industry, focusing on the production, sale, and contract processing of automotive parts and other products for both domestic and international markets.

Average Trading Volume: 73,533

Technical Sentiment Signal: Hold

Current Market Cap: Yen28.71B

See more data about 5976 stock on TipRanks’ Stock Analysis page.

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