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Teijin ( (JP:3401) ) has issued an announcement.
Teijin Limited has announced a financial loss resulting from the sale of its shares in Teijin Automotive Technologies NA Holdings Corporation to Stork BidCo Inc., a move that will be reflected in the company’s second-quarter financial statements for the fiscal year ending March 2026. Despite the recognition of an approximately 11 billion yen loss and the exclusion of TAT from its consolidated subsidiaries, Teijin has stated that this transaction has already been accounted for in its fiscal year outlook, with no changes to its previously announced financial projections.
The most recent analyst rating on (JP:3401) stock is a Hold with a Yen1280.00 price target. To see the full list of analyst forecasts on Teijin stock, see the JP:3401 Stock Forecast page.
More about Teijin
Teijin Limited operates within the diversified materials industry, focusing on products such as high-performance fibers, carbon fibers, and healthcare solutions. The company is known for its innovative materials and technologies, serving various markets including automotive, electronics, and healthcare.
Average Trading Volume: 921,496
Technical Sentiment Signal: Hold
Current Market Cap: Yen252.2B
See more data about 3401 stock on TipRanks’ Stock Analysis page.