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Sankyo Tateyama Delays European Subsidiary Restructuring

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Sankyo Tateyama Delays European Subsidiary Restructuring

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Sankyo Tateyama, Inc. ( (JP:5932) ) has provided an announcement.

Sankyo Tateyama, Inc. announced a delay in the restructuring of its European subsidiaries, specifically regarding the transfer of real estate owned by ST Deutschland GmbH in Bonn, Germany. The delay is due to procedural issues and additional due diligence required by the buyer, Univers Reisen GmbH. The transaction terms remain unchanged, and the company expects to record a gain on sales of fixed assets in the fiscal year ending May 31, 2026, without revising its earnings forecast for the current fiscal year.

More about Sankyo Tateyama, Inc.

Sankyo Tateyama, Inc. operates in the manufacturing industry, focusing on producing and distributing a variety of products, including building materials and industrial components. The company is listed on the Tokyo Stock Exchange and is involved in both domestic and international markets.

Average Trading Volume: 73,194

Technical Sentiment Signal: Sell

Current Market Cap: Yen19.76B

See more data about 5932 stock on TipRanks’ Stock Analysis page.

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