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SEIKO GROUP CORPORATION ( (JP:8050) ) just unveiled an update.
SEIKO GROUP CORPORATION announced a reduction in its cross-shareholdings to improve asset efficiency and corporate value. By selling some of these holdings, the company decreased the ratio of cross-shareholdings to consolidated net assets from 21.2% to 17.0%, resulting in a gain of 1,858 million yen in extraordinary income for the fiscal year ending March 2025.
The most recent analyst rating on (JP:8050) stock is a Buy with a Yen6100.00 price target. To see the full list of analyst forecasts on SEIKO GROUP CORPORATION stock, see the JP:8050 Stock Forecast page.
More about SEIKO GROUP CORPORATION
SEIKO GROUP CORPORATION operates in the manufacturing industry, known for its precision timepieces and other electronic devices. The company focuses on enhancing corporate value through strategic financial management and optimizing its asset portfolio.
Average Trading Volume: 133,457
Technical Sentiment Signal: Buy
Current Market Cap: Yen159.2B
See more insights into 8050 stock on TipRanks’ Stock Analysis page.