Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from YA-MAN Ltd. ( (JP:6630) ) is now available.
YA-MAN Ltd. has recognized a consolidated impairment loss of 541 million yen on goodwill and other assets tied to its subsidiary forty-four Inc., after the unit’s business performance fell short of initial plans and future earnings expectations were revised downward. The move underscores challenges in realizing the anticipated value from the acquisition and points to a more cautious outlook for that business line.
On a non-consolidated basis, the company booked a 1,184 million yen provision for doubtful accounts on loans and other receivables to forty-four Inc., reflecting concerns about recoverability given the subsidiary’s weaker performance. While this provision is eliminated at the consolidated level and thus does not affect group earnings, the adjustments highlight financial strain at the subsidiary and a more conservative stance in YA-MAN’s standalone accounts.
The most recent analyst rating on (JP:6630) stock is a Hold with a Yen719.00 price target. To see the full list of analyst forecasts on YA-MAN Ltd. stock, see the JP:6630 Stock Forecast page.
More about YA-MAN Ltd.
YA-MAN Ltd., listed on the Tokyo Stock Exchange Prime Market under code 6630, operates in the beauty and consumer electronics sector, offering beauty devices and related products. The company targets both domestic and overseas markets, leveraging subsidiaries such as forty-four Inc. to expand its business portfolio and strengthen its competitive position.
Average Trading Volume: 123,069
Technical Sentiment Signal: Sell
Current Market Cap: Yen38.4B
See more insights into 6630 stock on TipRanks’ Stock Analysis page.