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Sekisui Kasei Adjusts Expected Loss from Subsidiary Share Transfer

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Sekisui Kasei Adjusts Expected Loss from Subsidiary Share Transfer

Elevate Your Investing Strategy:

An update from Sekisui Kasei Co., Ltd. ( (JP:4228) ) is now available.

Sekisui Kasei Co., Ltd. has issued a correction to a previous announcement regarding the transfer of shares and equity of its consolidated subsidiaries. The correction involves an adjustment in the expected extraordinary loss from 1.1 billion yen to 1.2 billion yen for the fiscal year ending March 2026. Despite this adjustment, the impact on the company’s consolidated financial results is anticipated to be minimal as the loss has already been factored into the earnings forecast.

More about Sekisui Kasei Co., Ltd.

Sekisui Kasei Co., Ltd. operates in the chemical industry, focusing on the production and distribution of plastic products and materials. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic initiatives in corporate management.

Average Trading Volume: 179,350

Technical Sentiment Signal: Sell

Current Market Cap: Yen14.73B

See more data about 4228 stock on TipRanks’ Stock Analysis page.

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