An announcement from Sekisui Kasei Co., Ltd. ( (JP:4228) ) is now available.
Sekisui Kasei Co., Ltd. has decided to dissolve and liquidate its European sub-subsidiary, Proseat SAS, following the completion of business transfers to other locations. This decision is part of the company’s broader restructuring efforts and will result in an extraordinary loss of approximately 1.2 billion yen for the fiscal year ending March 31, 2025. The liquidation is expected to impact the company’s financial results, reflecting its ongoing strategy to streamline operations and focus on core business areas.
More about Sekisui Kasei Co., Ltd.
Sekisui Kasei Co., Ltd. operates in the manufacturing industry, focusing on the production and sales of automotive parts. The company is listed on the Tokyo Prime Market and is known for its strategic initiatives in restructuring and optimizing its business operations.
YTD Price Performance: -3.07%
Average Trading Volume: 103,404
Technical Sentiment Signal: Buy
Current Market Cap: Yen15.19B
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