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F.C.C. Co., Ltd. Records Significant Warranty Compensation Cost

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F.C.C.Co., Ltd. ( (JP:7296) ) has provided an update.

F.C.C. Co., Ltd. announced it has recorded a compensation cost for product warranty in the fourth quarter of the fiscal year ending March 31, 2025, due to defects in products delivered to a U.S. customer. This decision, resulting in a provision of ¥3,516 million, reflects the company’s response to an extended warranty period for affected vehicles and impacts its consolidated financial results for the fiscal year.

More about F.C.C.Co., Ltd.

F.C.C. Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the manufacturing industry. The company focuses on producing automotive components and has a significant market presence in the United States.

Average Trading Volume: 206,070

Technical Sentiment Signal: Buy

Current Market Cap: Yen143.9B

For detailed information about 7296 stock, go to TipRanks’ Stock Analysis page.

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