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Bando Chemical Reports Financial Discrepancies Due to Impairment Losses

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Bando Chemical Industries Ltd. ( (JP:5195) ) has provided an announcement.

Bando Chemical Industries, Ltd. announced a significant discrepancy in its consolidated financial results for the fiscal year ending March 31, 2025, compared to the previous year. The company reported an increase in revenue but a substantial decrease in profits due to impairment losses related to a consolidated subsidiary, impacting its financial performance and potentially affecting stakeholder confidence.

More about Bando Chemical Industries Ltd.

Bando Chemical Industries, Ltd. operates in the chemical industry and is known for its production of industrial rubber products, including belts and hoses, with a focus on serving various industrial sectors.

Average Trading Volume: 38,249

Technical Sentiment Signal: Hold

Current Market Cap: Yen64.3B

For detailed information about 5195 stock, go to TipRanks’ Stock Analysis page.

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