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Taiyo Holdings Co., Ltd. ( (JP:4626) ) has issued an update.
Taiyo Holdings Co., Ltd. has announced the recognition of extraordinary losses on its non-consolidated financial statements for the fiscal years ending March 31, 2024, and March 31, 2025. These losses, amounting to 4,784 million yen and 1,863 million yen respectively, are attributed to provisions for doubtful accounts related to loans to subsidiaries, including TAIYO Pharma Co., Ltd., which have experienced performance deterioration. However, these losses do not impact the consolidated financial statements, ensuring no direct effect on the overall financial health of the company.
More about Taiyo Holdings Co., Ltd.
Taiyo Holdings Co., Ltd. operates in the chemical industry, primarily focusing on the production of solder resist and other materials for printed circuit boards, with a significant market presence in electronics and pharmaceuticals.
YTD Price Performance: 17.71%
Average Trading Volume: 164,339
Technical Sentiment Signal: Sell
Current Market Cap: Yen266.3B
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