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Osaki Electric Co., Ltd. ( (JP:6644) ) has issued an update.
Osaki Electric Co., Ltd. will record an extraordinary loss of ¥2.04 billion in the nine months ended December 31, 2025, following its decision to withdraw from the Middle East and Africa smart meters and solutions business at the end of FY2025. The exit, part of broader structural reforms under its Mid-Term Management Plan, reflects persistent operating losses, geopolitical and credit risks, and difficulties in achieving profitability in the region; the loss primarily comprises valuation losses on inventories and impairment of production assets, but the company is maintaining its full-year earnings forecast as it refocuses its overseas smart meter operations on Oceania, Europe and Asia.
The most recent analyst rating on (JP:6644) stock is a Buy with a Yen1297.00 price target. To see the full list of analyst forecasts on Osaki Electric Co., Ltd. stock, see the JP:6644 Stock Forecast page.
More about Osaki Electric Co., Ltd.
Osaki Electric Co., Ltd. is a Japan-based manufacturer of smart meters and related solutions, with a significant focus on overseas markets through its wholly owned Singapore subsidiary EDMI Limited. The group provides smart metering systems and services across regions including Oceania, Europe and Asia, targeting utility and energy infrastructure markets with an emphasis on improving profitability and operational efficiency in its international smart meter business.
Average Trading Volume: 174,388
Technical Sentiment Signal: Buy
Current Market Cap: Yen54.51B
For detailed information about 6644 stock, go to TipRanks’ Stock Analysis page.