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The latest update is out from Shindengen Electric Mfg Co Ltd ( (JP:6844) ).
Shindengen Electric Mfg Co Ltd announced its decision to sell a portion of its investment securities to align with the Corporate Governance Code and enhance asset efficiency. This sale is expected to generate an extraordinary income of approximately 2.3 billion yen, which will be recorded in the company’s financial statements for the nine months ending December 31, 2025.
The most recent analyst rating on (JP:6844) stock is a Hold with a Yen3557.00 price target. To see the full list of analyst forecasts on Shindengen Electric Mfg Co Ltd stock, see the JP:6844 Stock Forecast page.
More about Shindengen Electric Mfg Co Ltd
Shindengen Electric Mfg Co Ltd operates in the electrical manufacturing industry, focusing on producing electronic components and power systems. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic investments and asset management.
Average Trading Volume: 74,159
Technical Sentiment Signal: Buy
Current Market Cap: Yen33.4B
Learn more about 6844 stock on TipRanks’ Stock Analysis page.