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Sanken Electric Reports Increased Non-Operating Expenses and Losses

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Sanken Electric Reports Increased Non-Operating Expenses and Losses

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Sanken Electric Co., Ltd. ( (JP:6707) ) has shared an update.

Sanken Electric Co., Ltd. has reported an increase in non-operating expenses and extraordinary losses in its financial results for the fiscal year ended March 31, 2025. The company recorded a significant share of loss from entities accounted for using the equity method due to the partial sale of shares in Allegro MicroSystems, Inc., which led to Allegro becoming an equity method affiliate. Additionally, Sanken faced losses from investments in investment partnerships and the liquidation of a subsidiary in Indonesia, impacting its overall financial performance.

More about Sanken Electric Co., Ltd.

Sanken Electric Co., Ltd. operates in the electronics industry, focusing on the production of semiconductor devices and power supply products. The company has a significant market presence and is listed on the TSE Prime Market.

Average Trading Volume: 279,105

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen175.1B

For an in-depth examination of 6707 stock, go to TipRanks’ Stock Analysis page.

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