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Sanken Electric Co., Ltd. ( (JP:6707) ) has shared an announcement.
Sanken Electric Co., Ltd. reported a significant decline in its consolidated financial results for the fiscal year ended March 31, 2025, with net sales dropping by 48.3% and a substantial operating loss recorded. The company’s financial position also weakened, with total assets and net assets decreasing compared to the previous year. The exclusion of Allegro MicroSystems, Inc. and Polar Semiconductor, LLC from the scope of consolidation, along with changes in accounting policies, contributed to these results. This financial downturn may impact the company’s market positioning and stakeholder confidence.
More about Sanken Electric Co., Ltd.
Sanken Electric Co., Ltd. operates in the electronics industry, primarily focusing on the development and production of semiconductor devices and power electronics products. The company is listed on the Tokyo Stock Exchange and has a significant presence in the global market.
Average Trading Volume: 279,105
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen175.1B
For a thorough assessment of 6707 stock, go to TipRanks’ Stock Analysis page.