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Tsubaki Nakashima Lowers Deferred Tax Asset Reversal at U.S. Unit

Story Highlights
  • Tsubaki Nakashima finalized the U.S. subsidiary deferred tax asset reversal at ¥1.6 billion, down from ¥2.9 billion.
  • The reduced reversal lessens the expected hit to FY2025 results and is now reflected in the company’s disclosed financial statements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tsubaki Nakashima Lowers Deferred Tax Asset Reversal at U.S. Unit

Meet Samuel – Your Personal Investing Prophet

An announcement from Tsubaki Nakashima Co., Ltd ( (JP:6464) ) is now available.

Tsubaki Nakashima has revised the previously estimated reversal of deferred tax assets at its U.S. subsidiary, following a reexamination of the unit’s business plan prompted by changes in the business environment. After discussions with its auditing firm during the FY2025 financial closing process, the reversal amount was finalized at ¥1.6 billion, down from the initially projected ¥2.9 billion.

The ¥1.3 billion reduction in the expected tax asset reversal eases part of the anticipated negative impact on the group’s earnings and balance sheet versus what had been signaled in January. The finalized figures have been reflected in the company’s FY2025 financial statements disclosed on the same day, providing greater clarity for investors and other stakeholders on the tax-related adjustments and the company’s current financial position.

The most recent analyst rating on (JP:6464) stock is a Hold with a Yen315.00 price target. To see the full list of analyst forecasts on Tsubaki Nakashima Co., Ltd stock, see the JP:6464 Stock Forecast page.

More about Tsubaki Nakashima Co., Ltd

Tsubaki Nakashima Co., Ltd. is a Japan-based manufacturer listed on the Prime Market of the Tokyo Stock Exchange, known for industrial components such as precision balls and related products used across automotive, machinery, and other engineering sectors. The company operates globally, including in the U.S., and is sensitive to shifts in the business environment that affect its overseas subsidiaries and overall earnings profile.

Average Trading Volume: 305,693

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen14.04B

Find detailed analytics on 6464 stock on TipRanks’ Stock Analysis page.

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