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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.