tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Rhythm Co., Ltd. Completes Liquidation of U.S. Subsidiary

Story Highlights
Rhythm Co., Ltd. Completes Liquidation of U.S. Subsidiary

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Rhythm Co., Ltd. ( (JP:7769) ) is now available.

Rhythm Co., Ltd. has completed the liquidation of its wholly-owned subsidiary, RHYTHM U.S.A., INC., which was involved in the sales of Rhythm brand clocks in the United States. This liquidation has resulted in a gain of 191 million yen, recorded as extraordinary income, potentially strengthening the company’s financial position.

More about Rhythm Co., Ltd.

Rhythm Co., Ltd. operates in the clock industry, focusing on the production and sales of Rhythm brand clocks. The company is listed on the TSE Prime Market and has a global market focus.

Average Trading Volume: 131,593

Technical Sentiment Signal: Hold

Current Market Cap: Yen25.19B

Find detailed analytics on 7769 stock on 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