tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tokyo Cosmos Electric Reports Extraordinary Loss and Revises Earnings Forecast

Story Highlights
  • Tokyo Cosmos Electric reported a ¥224 million extraordinary loss due to tender offer expenses.
  • The company revised its earnings forecast, anticipating decreased sales and profits amid global uncertainties.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tokyo Cosmos Electric Reports Extraordinary Loss and Revises Earnings Forecast

TipRanks Cyber Monday Sale

Tokyo Cosmos Electric Co., Ltd. ( (JP:6772) ) just unveiled an announcement.

Tokyo Cosmos Electric Co., Ltd. has reported an extraordinary loss of ¥224 million due to expenses related to a tender offer by Bourns Japan Holdings LLC, which includes fees for expert advice and investigation costs. Additionally, the company has revised its consolidated earnings forecast for the fiscal year ending March 2026, projecting a significant decrease in net sales and profits due to ongoing uncertainties in global supply and demand conditions influenced by tariff policies from the United States and China.

The most recent analyst rating on (JP:6772) stock is a Hold with a Yen9277.00 price target. To see the full list of analyst forecasts on Tokyo Cosmos Electric Co., Ltd. stock, see the JP:6772 Stock Forecast page.

More about Tokyo Cosmos Electric Co., Ltd.

Tokyo Cosmos Electric Co., Ltd. operates within the electronics industry, focusing on the production and distribution of electronic components. The company is listed on the Tokyo Stock Exchange and is known for its commitment to maintaining transparency and independence in its decision-making processes.

Average Trading Volume: 1,635

Technical Sentiment Signal: Buy

Current Market Cap: Yen11.78B

For an in-depth examination of 6772 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1