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Shin Nippon Air Technologies Co., Ltd. ( (JP:1952) ) just unveiled an announcement.
Shin Nippon Air Technologies Co., Ltd. has announced the planned sale of certain investment securities, expected to generate an extraordinary income of approximately 2.0 billion yen by the end of fiscal year 2024. This strategic move aligns with the company’s policy to reduce cross-shareholdings, reflecting its ongoing commitment to corporate governance improvements, and is not expected to alter the financial results forecast for the fiscal year ending March 31, 2025.
More about Shin Nippon Air Technologies Co., Ltd.
Shin Nippon Air Technologies Co., Ltd. operates within the air technologies sector, focusing on providing advanced air conditioning systems and technologies. The company is active in enhancing corporate governance by managing cross-shareholdings effectively.
YTD Price Performance: -17.59%
Average Trading Volume: 151,016
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen80.06B
Learn more about 1952 stock on TipRanks’ Stock Analysis page.