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An announcement from Siix Corporation ( (JP:7613) ) is now available.
SIIX Corporation has resolved to record an extraordinary loss of ¥5,416 million on the valuation of its investments in three wholly owned subsidiaries—SIIX HUBEI Co., Ltd. in China, SIIX Hungary Kft., and SIIX EMS Slovakia s.r.o.—after a significant decline in their substantive value. The impairment will be booked in the company’s non-consolidated financial statements for the fiscal year ending December 31, 2025, but will be fully eliminated in consolidated accounts because the subsidiaries’ financial positions are already reflected there, limiting the impact primarily to the parent company’s standalone results rather than group-level performance.
The most recent analyst rating on (JP:7613) stock is a Hold with a Yen1449.00 price target. To see the full list of analyst forecasts on Siix Corporation stock, see the JP:7613 Stock Forecast page.
More about Siix Corporation
SIIX Corporation, listed on the Prime Market of the Tokyo Stock Exchange, operates through consolidated subsidiaries engaged in printed circuit board assembly and the assembly and processing of equipment and components, with manufacturing bases including China’s Hubei Province, Hungary, and Slovakia. These subsidiaries are wholly owned and form part of SIIX’s global electronics manufacturing and assembly network.
Average Trading Volume: 189,946
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen60.87B
For detailed information about 7613 stock, go to TipRanks’ Stock Analysis page.