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The latest update is out from Tokai Carbon Co ( (JP:5301) ).
Tokai Carbon Co., Ltd. announced corrections to a previous disclosure regarding the transfer of a consolidated subsidiary. The corrected financial figures for the subsidiary show consistent declines in net assets, total assets, and net sales over the past three fiscal years, with significant negative EBIT and net income reported for 2023 and 2024. These corrections may impact the company’s financial outlook and stakeholder confidence.
The most recent analyst rating on (JP:5301) stock is a Hold with a Yen950.00 price target. To see the full list of analyst forecasts on Tokai Carbon Co stock, see the JP:5301 Stock Forecast page.
More about Tokai Carbon Co
Tokai Carbon Co., Ltd. operates in the carbon industry, focusing on the production and distribution of carbon-related products. The company is listed on the Tokyo Stock Exchange and is led by President and CEO Hajime Nagasaka.
YTD Price Performance: 9.18%
Average Trading Volume: 1,244,784
Technical Sentiment Signal: Buy
Current Market Cap: Yen213.6B
For a thorough assessment of 5301 stock, go to TipRanks’ Stock Analysis page.