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Seika Corporation ( (JP:8061) ) has issued an update.
Seika Corporation announced its plan to record extraordinary income from the sale of cross-shareholdings by the end of the first half of the fiscal year ending March 31, 2026. The company aims to reduce its cross-shareholdings to 10% of consolidated net assets by March 31, 2028, using the proceeds for growth investments and shareholder returns, which may impact its financial performance and shareholder value.
More about Seika Corporation
Seika Corporation operates in the industrial sector and is listed on the Prime Market of the Tokyo Stock Exchange. The company is involved in the sale of investment securities and aims to enhance asset efficiency through the reduction of cross-shareholdings.
Average Trading Volume: 95,336
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen51.47B
For an in-depth examination of 8061 stock, go to TipRanks’ Stock Analysis page.