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An update from Nippon Thompson Co., Ltd. ( (JP:6480) ) is now available.
Nippon Thompson Co., Ltd. announced an extraordinary loss of 1,787 million yen due to the valuation of investments in its subsidiaries, UBC Precision Bearing Co., Ltd. and UBC(Suzhou) Bearing Co., Ltd., for the fourth quarter of the fiscal year ending March 31, 2025. This loss is recorded in the company’s non-consolidated financial statements and does not affect the consolidated financial results, mitigating any immediate impact on overall financial health.
More about Nippon Thompson Co., Ltd.
Nippon Thompson Co., Ltd. operates in the manufacturing industry, focusing on precision bearings and related products. The company serves a global market with a strong emphasis on high-quality engineering and innovation.
Average Trading Volume: 116,792
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.41B
Find detailed analytics on 6480 stock on TipRanks’ Stock Analysis page.