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OXIDE Corp. ( (JP:6521) ) has issued an update.
OXIDE Corporation has completed the transfer of all shares and loan receivables of its Israeli consolidated subsidiary, Raicol Crystals Ltd., to Israel Special Material Platform LP, leading to Raicol’s removal from the company’s consolidated scope. The divestment will result in an extraordinary loss of about JPY 1.7 billion for the fiscal year ending February 2026, though the company emphasizes that this impact is accounting-based and will not affect its cash flow, signaling a strategic portfolio shift with limited immediate liquidity implications.
The most recent analyst rating on (JP:6521) stock is a Buy with a Yen3399.00 price target. To see the full list of analyst forecasts on OXIDE Corp. stock, see the JP:6521 Stock Forecast page.
More about OXIDE Corp.
OXIDE Corporation is a Japan-based company listed on the Tokyo Stock Exchange Growth market under stock code 6521, operating in the advanced materials and photonics sector. The company develops and supplies specialized crystal and optical materials for industrial and high-tech applications, with an international footprint that has included overseas subsidiaries such as Raicol Crystals in Israel.
Average Trading Volume: 232,513
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.6B
For an in-depth examination of 6521 stock, go to TipRanks’ Overview page.