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Nikkiso Co., Ltd. Cancels Bankruptcy Proceedings for UV Craftory and Restructures Business

Story Highlights
  • Nikkiso cancels bankruptcy proceedings for UV Craftory after Supreme Court dismissal.
  • The company exits UV-LED business, restructuring with minimal financial impact expected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nikkiso Co., Ltd. Cancels Bankruptcy Proceedings for UV Craftory and Restructures Business

Confident Investing Starts Here:

Nikkiso Co., Ltd. ( (JP:6376) ) has issued an update.

Nikkiso Co., Ltd. has announced the cancellation of bankruptcy proceedings for its subsidiary, UV Craftory Co., Ltd., following the dismissal of a special appeal by the Supreme Court. The company is withdrawing from the UV-LED business and undergoing business restructuring, with minimal expected impact on its financial results for the fiscal year ending December 31, 2025.

More about Nikkiso Co., Ltd.

Nikkiso Co., Ltd. operates within the industrial sector, focusing on manufacturing and providing a range of products and services, including UV-LED technology. The company is listed on the TSE Prime Market and is involved in various business operations globally.

Average Trading Volume: 396,591

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen73.93B

For a thorough assessment of 6376 stock, go to TipRanks’ Stock Analysis page.

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