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An announcement from Shochiku Co., Ltd. ( (JP:9601) ) is now available.
Shochiku Co., Ltd. announced an extraordinary income due to a gain on the reversal of a provision for loss on business withdrawal, following the transfer of shares of its affiliate to JCOM Co., Ltd. This financial maneuver has led to an upward revision of the company’s full-year earnings forecast for the fiscal year ending February 2026, significantly increasing the profit attributable to owners of the parent company. The revision reflects a 45% increase in profit per share, highlighting improved financial performance and potentially enhancing shareholder value.
More about Shochiku Co., Ltd.
Shochiku Co., Ltd. operates in the entertainment industry, primarily focusing on film production, distribution, and theatrical performances. The company is listed on the TSE Prime, Sapporo Securities Exchange, and Fukuoka Stock Exchange.
Average Trading Volume: 30,260
Technical Sentiment Signal: Buy
Current Market Cap: Yen186.4B
Find detailed analytics on 9601 stock on TipRanks’ Stock Analysis page.