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NTN Corporation Reports Significant Financial Losses Amid Restructuring

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NTN Corporation Reports Significant Financial Losses Amid Restructuring

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NTN ( (JP:6472) ) has issued an update.

NTN Corporation reported significant non-operating expenses and extraordinary losses for the fiscal year ending March 31, 2025, leading to discrepancies between forecasted and actual earnings. The company faced impairment losses due to restructuring and reduced profitability across various regions, impacting its financial performance and resulting in a lower profit attributable to owners than anticipated.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

More about NTN

NTN Corporation operates in the manufacturing industry, focusing on producing bearings and precision machinery. The company serves a global market, providing essential components for various sectors, including automotive and industrial machinery.

Average Trading Volume: 3,376,935

Technical Sentiment Signal: Sell

Current Market Cap: Yen119.2B

For detailed information about 6472 stock, go to TipRanks’ Stock Analysis page.

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