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An update from Nippon Sharyo ( (JP:7102) ) is now available.
Nippon Sharyo, Ltd. announced the dissolution of its subsidiary, Nippon Sharyo Manufacturing, LLC, in Illinois, USA, which is expected to be completed by the end of March 2026. This strategic move has prompted a revision of the company’s consolidated financial forecast for the fiscal year ending March 31, 2026, with anticipated increases in net sales and profits due to a stronger performance across its businesses and an improved sales mix. The dissolution will also result in a decrease in income taxes due to the recognition of previously recognized losses as tax losses, although an extraordinary loss is expected from the reversal of foreign currency translation adjustments. The company remains committed to strengthening its financial position through various operational improvements.
The most recent analyst rating on (JP:7102) stock is a Buy with a Yen3335.00 price target. To see the full list of analyst forecasts on Nippon Sharyo stock, see the JP:7102 Stock Forecast page.
More about Nippon Sharyo
Nippon Sharyo, Ltd. operates in the manufacturing industry, primarily focusing on railway rolling stock products. The company is known for its provision of services to existing customers in this sector, with a market focus on enhancing its financial strength through quality improvement, cost reduction, and business efficiency.
Average Trading Volume: 51,050
Technical Sentiment Signal: Buy
Current Market Cap: Yen44.81B
See more insights into 7102 stock on TipRanks’ Stock Analysis page.