Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
YA-MAN Ltd. ( (JP:6630) ) has issued an announcement.
YA-MAN Ltd. announced a significant loss on valuation of shares of its subsidiaries due to a decline in their real value, amounting to 608 million yen, recorded as an extraordinary loss in their non-consolidated financial statements. Despite this, the consolidated financial results were not impacted. The company also reported discrepancies between its full-year consolidated earnings forecast and actual results, with net sales remaining stable but operating and ordinary profits falling short due to reduced advertising investments and foreign exchange losses, particularly affected by the downturn in the Chinese cosmetics market.
More about YA-MAN Ltd.
YA-MAN Ltd. operates in the beauty and personal care industry, focusing on beauty technology products. The company has a market presence in various regions, including the U.S. and China, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 145,890
Technical Sentiment Signal: Hold
Current Market Cap: Yen46.88B
Learn more about 6630 stock on TipRanks’ Stock Analysis page.