The latest announcement is out from NTN ( (JP:6472) ).
NTN Corporation announced the recording of impairment and restructuring losses due to its ongoing global production restructuring efforts. The company recognized an impairment loss of 4,148 million yen and a restructuring loss of 2,086 million yen for the nine months ending December 31, 2024, primarily driven by decreased profitability and personnel reductions at subsidiaries. These losses have been incorporated into the company’s financial results for the period.
More about NTN
YTD Price Performance: 0%
Average Trading Volume: 395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €831M
Learn more about 6472 stock on TipRanks’ Stock Analysis page.