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Shinnihonseiyaku Co., Ltd. ( (JP:4931) ) just unveiled an announcement.
Shinnihonseiyaku Co., Ltd. announced an extraordinary impairment loss of 759 million yen due to changes in the business environment affecting its subsidiary, Flatcraft, Inc. Despite this, the company’s operating and ordinary profits exceeded forecasts due to strong sales of healthcare products and cost structure reforms, although net profit fell short due to the impairment loss. The company has stated there will be no revisions to the full-year financial results or dividend forecasts.
More about Shinnihonseiyaku Co., Ltd.
Shinnihonseiyaku Co., Ltd. operates in the healthcare industry, focusing on the production and sale of healthcare products. The company is known for its mail-order sales business, which has shown strong performance.
Average Trading Volume: 39,552
Technical Sentiment Signal: Buy
Current Market Cap: Yen51.26B
Find detailed analytics on 4931 stock on TipRanks’ Stock Analysis page.