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The latest announcement is out from Toyoda Gosei Co ( (JP:7282) ).
Toyoda Gosei Co., Ltd. has announced its decision to dissolve its wholly-owned subsidiary in China, Toyoda Gosei Star Light (Tianjin) Auto Parts Co., Ltd., due to challenges in the automotive industry and a decrease in production by Japanese car manufacturers in China. This strategic move is part of the company’s broader efforts to reorganize its global operations for sustainable growth, with the liquidation expected to be completed by the end of 2026. The financial impact of this dissolution is anticipated to be minimal, as impairments have already been accounted for in the previous fiscal year.
The most recent analyst rating on (JP:7282) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Toyoda Gosei Co stock, see the JP:7282 Stock Forecast page.
More about Toyoda Gosei Co
Toyoda Gosei Co., Ltd. operates in the automotive industry, primarily focusing on the manufacture and sale of automotive parts such as weatherstrips. The company is listed on the Tokyo Prime Market and Nagoya Premier Market, and it has a significant presence in global markets.
Average Trading Volume: 329,190
Technical Sentiment Signal: Buy
Current Market Cap: Yen458.7B
For detailed information about 7282 stock, go to TipRanks’ Stock Analysis page.