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Ushio ( (JP:6925) ) has shared an announcement.
USHIO INC. has announced the recording of extraordinary losses for the fiscal year ended March 31, 2025, due to the implementation of its ‘Expansion of Second Life Support Program and Special Offering.’ This initiative, aimed at employees aged 56 and above with at least three years of service, involves special retirement benefits and outplacement support. The company expects an extraordinary loss of approximately ¥1.6 billion in the fourth quarter, attributed to severance payments and outplacement expenses. Despite this, USHIO maintains its earnings forecast, indicating no anticipated impact on its financial projections.
More about Ushio
USHIO INC. operates in the technology industry, focusing on the development and manufacturing of lighting equipment and systems. The company is known for its innovative solutions in the field of illumination and has a significant presence in the global market.
YTD Price Performance: 12.76%
Average Trading Volume: 659
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.01B
Find detailed analytics on 6925 stock on TipRanks’ Stock Analysis page.