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The latest announcement is out from Nippo Ltd. ( (JP:9913) ).
Nippo Ltd. has reported extraordinary losses in its financial statements for the fiscal year ending March 31, 2025, due to impairment and business withdrawal costs associated with its Thailand and Mexico operations. Additionally, the company has reassessed the collectability of deferred tax assets, resulting in a gain adjustment in corporate taxes, reflecting a cautious financial outlook.
More about Nippo Ltd.
Nippo Ltd. operates in the mechatronics industry, focusing on the production and distribution of mechanical and electronic systems. The company is listed on the Tokyo and Nagoya markets and is engaged in international operations, including facilities in Thailand and Mexico.
Average Trading Volume: 2,110
Technical Sentiment Signal: Buy
Current Market Cap: Yen21.73B
For an in-depth examination of 9913 stock, go to TipRanks’ Stock Analysis page.