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Nittoc Construction Co., Ltd. ( (JP:1929) ) has issued an announcement.
Nittoc Construction Co., Ltd. announced corrections to its financial results for the fiscal year ending March 2025. The corrections were necessary due to an error in the calculation of goodwill related to the acquisition of Aso Formcrete Co., Ltd. This adjustment impacts figures such as ‘gain on negative goodwill’ and other financial metrics, potentially affecting stakeholders’ perceptions of the company’s financial health.
More about Nittoc Construction Co., Ltd.
Nittoc Construction Co., Ltd. operates in the construction industry, focusing on building and infrastructure development. The company provides a range of construction services and is listed on the Tokyo Stock Exchange under the securities code 1929.
Average Trading Volume: 58,301
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen43.47B
Find detailed analytics on 1929 stock on TipRanks’ Stock Analysis page.