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An update from Tamura Corporation ( (JP:6768) ) is now available.
Tamura Corporation announced recording extraordinary losses for the fiscal year ending March 31, 2025, due to business restructuring and stock valuation declines. The company is transferring its Network Solution Business from its subsidiary Koha Co., Ltd. to Yokowo Co., Ltd., resulting in a restructuring loss of 470 million yen. Additionally, valuation losses on shares of Koha and Novel Crystal Technology, Inc. were recorded, amounting to 1,489 million yen and 556 million yen, respectively, due to market changes and slower-than-expected growth in the next-generation power semiconductor market. These losses have been reflected in the company’s consolidated financial results.
More about Tamura Corporation
Tamura Corporation operates in the technology industry, focusing on network solutions and power semiconductors. The company is involved in restructuring efforts and has subsidiaries like Koha Co., Ltd. and Novel Crystal Technology, Inc.
YTD Price Performance: -9.98%
Average Trading Volume: 343,866
Technical Sentiment Signal: Sell
Current Market Cap: Yen37.46B
Learn more about 6768 stock on TipRanks’ Stock Analysis page.