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The latest update is out from Nitto Boseki Co ( (JP:3110) ).
Nittobo has announced a significant financial maneuver involving the transfer of non-current assets, resulting in an extraordinary income gain of approximately 34.1 billion yen. This strategic decision is part of the company’s efforts to improve asset efficiency and optimize management resources, with the revised earnings forecast reflecting the anticipated financial impact of this transaction.
The most recent analyst rating on (JP:3110) stock is a Buy with a Yen9054.00 price target. To see the full list of analyst forecasts on Nitto Boseki Co stock, see the JP:3110 Stock Forecast page.
More about Nitto Boseki Co
Nitto Boseki Co., known as Nittobo, operates in the manufacturing industry, focusing on producing a range of products including textiles, glass fiber, and other industrial materials. The company is listed on the Tokyo Stock Exchange Prime Market and aims to enhance its market position through strategic asset management.
Average Trading Volume: 999,735
Technical Sentiment Signal: Buy
Current Market Cap: Yen314.2B
For an in-depth examination of 3110 stock, go to TipRanks’ Overview page.