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Nisshinbo Holdings ( (JP:3105) ) just unveiled an announcement.
Nisshinbo Holdings has successfully completed an early retirement incentive program as part of its restructuring efforts in the wireless and communications sector. The program, which targeted Japan Radio Co., Ltd. and its subsidiaries, resulted in 431 applicants, exceeding the initial target of 400 positions. This initiative is expected to lead to annual personnel cost savings of approximately ¥3.0 billion starting from the fiscal year ending December 2026, despite incurring a one-time extraordinary loss of ¥3.2 billion.
The most recent analyst rating on (JP:3105) stock is a Buy with a Yen1291.00 price target. To see the full list of analyst forecasts on Nisshinbo Holdings stock, see the JP:3105 Stock Forecast page.
More about Nisshinbo Holdings
Nisshinbo Holdings Inc. operates in the wireless and communications industry, focusing on providing advanced technology solutions through its subsidiary, Japan Radio Co., Ltd., and its affiliates.
Average Trading Volume: 781,108
Technical Sentiment Signal: Buy
Current Market Cap: Yen193B
See more insights into 3105 stock on TipRanks’ Stock Analysis page.