tiprankstipranks
Trending News
More News >

OMRON Reports Financial Losses on Affiliate Stocks and Goodwill Impairment

Story Highlights
OMRON Reports Financial Losses on Affiliate Stocks and Goodwill Impairment

Don’t Miss TipRanks’ Half-Year Sale

The latest update is out from OMRON ( (JP:6645) ).

OMRON Corporation has reported a non-consolidated loss on the valuation of stocks of affiliates amounting to JPY110.321 billion due to a decline in the market value of shares of its subsidiary, JMDC Inc. Additionally, the company recorded an impairment loss on goodwill of JPY11.725 billion related to its Data Solutions Business, impacting its consolidated financial results for the fiscal year ending March 31, 2025.

More about OMRON

OMRON Corporation is a Japanese company operating in the electronics industry, primarily focusing on automation, sensing, and control equipment. It is listed on the Tokyo Stock Exchange and is known for its innovative solutions in industrial automation and healthcare technologies.

Average Trading Volume: 1,239,407

Technical Sentiment Signal: Sell

Current Market Cap: Yen853.7B

For an in-depth examination of 6645 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1